« Tech Playing the Grinch | Main | S&P 500 and Sector P/E Ratio Charts »
Wednesday
Dec212011

30-Year Fixed Mortgage Rate Dips Below 4%

DateWednesday, December 21, 2011 at 10:35AM

It's been an epic ride down for mortgage rates over the last decade, and the 4% mark has finally been broken.  Below is a chart of Bankrate.com's national average for the 30-year fixed mortgage rate.  As shown, the rate is now down to 3.92%.  No one can blame high interest rates for the weakness in housing, that's for sure.

CommentPost a Comment | | | Print ArticlePrint Article |

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
Alert
Comment Sent to Moderator
Due to the inordinate amount of spam comments posted on our site recently, we are now forced to approve comments before they are posted on the website. We apologize for any inconvenience this may cause.

Notify me of follow-up comments via email.