Republished from Bespoke Investment Group: Go to Bespoke Investment Group Blog
WEDNESDAY, 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.