Bankrate: Mortgage Rates Setting Record Lows

Summary


NEW YORK, Aug. 11, 2011 /PRNewswire/ -- Turbulent financial markets pushed mortgage rates lower for a second consecutive week, with the benchmark conforming 30-year fixed mortgage rate now 4.46 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.36 discount and origination points. The record low of 4.42 percent was set in October and November of 2010.

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Bankrate: Mortgage Rates Setting Record Lows

To see mortgage rates in your area, go to http:// www.bankrate.com/funnel/mortgages/

The average 15-year fixed mortgage reset a record at 3.61 percent while the larger jum...

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