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Daily Archives: July 28, 2012

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U.S. rate on 30-year mortgage: 3.49%, new record

NewsBy Starr Custom HomesJuly 28, 2012Leave a comment

— Marcy Gordon, Associated Press The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan declined to 3.49 percent. That’s down from 3.53 percent last week…

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