Mortgage rates hit record low
Photographer: AP Graphics Bank
Posted: 09/27/2012
There is more proof it is a buyers market when it comes to homes.
Mortgage rates fell again to a new record low this week.
The average 30 year, fixed-rate mortgage is down to 3.49%.
15 year rates are even better, at only 2.73%.
Economists say the lower rates not only help home buyers, but also home owners who refinance.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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