30-year mortgage rate at record level
By The Associated Press January 5, 2012 9:14AM
Updated: February 7, 2012 8:18AM
2012 looks to be another year of opportunity for the few who can afford to buy or refinance a home.
Freddie Mac says the average rate on the 30-year fixed mortgage fell to 3.91 percent this week, matching the record low reached two weeks ago.
The average on the 15-year fixed mortgage ticked down to 3.23 percent from 3.24 percent.
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