Average US 30-year loan rate falls to 3.89 percent
DECEMBER 4, 2014 LAST UPDATED: THURSDAY, DECEMBER 4, 2014, 10:25 AM
THE ASSOCIATED PRESS |
WIRE SERVICE
WASHINGTON – Average U.S. long-term mortgage rates fell for the fourth straight week, a continuing boon for potential homebuyers.
Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage declined to 3.89 percent this week from 3.97 percent last week. It is now at its lowest level since May 2013.
