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Daily Archives: August 19, 2011

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Rate on 30-year mortgage falls to lowest on record

NewsBy Starr Custom HomesAugust 19, 2011Leave a comment

Source: Associated Press/AP Online Publication date: August 18, 2011 By DANIEL WAGNERWASHINGTON – The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971. The rate on the most popular mortgage dipped to 4.15 percent from 4.32 percent a week ago, Freddie Mac said Thursday. Its previous…

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