Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy property or refinance at this time is lost because of the tough economy and tight credit standards. But those who have secure jobs, superior credit and strong finances could do even better than [...]

Mortgage rates fell to a record low for the fourth time in five weeks. But low rates haven’t been enough to lift a struggling housing market. The average rate for 30-year fixed loans this week was 4.56%, down from 4.57% last week. That’s the lowest since 1971. The last time home loan rates were lower [...]

U.S. mortgage rates fell for the second straight week to the lowest level in five decades, as refinancing  took hold. Mortgage company Freddie Mac reports that the 30-year fixed-rate mortgage (FRM) average 4.57%, down from last week when it averaged 4.58%. That’s the lowest level since Freddie Mac began tracking rates in 1971. Last year at [...]

Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes. Thursday the average rate for 30-year fixed loans sank to 4.58% this week. That’s down from the previous record of 4.69% set last week and the lowest since the mortgage company [...]