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You are here: Home / Benton County Real Estate / 30-Year Mortgage Rates in U.S. Fall Below 4% reposted by Bentonville Realtor Cody Burnett

30-Year Mortgage Rates in U.S. Fall Below 4% reposted by Bentonville Realtor Cody Burnett

October 6, 2011 By Cody Leave a Comment

Mortgage rates in the U.S. fell, sending longer-term borrowing costs below 4 percent for the first time on record, as stricter credit standards and the slowing economy hold back a housing rebound.

The average rate for a 30-year fixed loan dropped to 3.94 percent in the week ended today from 4.01 percent, Freddie Mac said in a statement. That’s the lowest in the McLean, Virginia-based company’s records dating back to 1971. The average 15-year rate declined to 3.26 percent from 3.28 percent last week.

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Filed Under: Benton County Real Estate, Bentonville Real Estate, Bentonville Realtor, Buyers, Featured Posts Tagged With: interest rates, Mortgage Rates

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Cody and Christiane Burnett have been providing real estate services in Bentonville for several years, with 20+ years of combined experience. Cody is one of the top agents in Bentonville and has an extensive background in residential construction. [Read More]

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