Rate on 30-year fixed mortgage dips to 4.71 pct.
Source: Associated Press/AP Online Publication date: January 13, 2011 By JANNA HERRON NEW YORK – Rates on fixed mortgages dipped for the second straight week as Treasury yields fell. Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a…