WASHINGTON - Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes.
Freddie Mac says the average rate on 30-year fixed mortgages fell to 3.89% this week. That's below the previous record of 3.91% three weeks ago.
The average on 15-year fixed mortgages ticked down to an average 3.16% from a record 3.21% three weeks ago.