Mortgage Rates Hit a New Record Low

Image source: Getty Images.

While it doesn't influence our opinions of products, we may receive compensation from partners whose offers appear here. We're on your side, always. See our full advertiser disclosure here.

Mortgage rates have dropped consistently in recent months, and now, they've reached a new record low -- the 15th this year, in fact. The average rate for a 30-year fixed mortgage fell to 2.67%, down from 2.71% last week, according to Freddie Mac. That's the lowest rate on record in almost 50 years. 

Continue reading

Source Fool.com