Rates move lower for the third straight week
By Brena Swanson | HousingWire
Mortgage rates dropped even further below 4% for the third consecutive week as market turbulence drove investors to Treasuries, the latest results from Freddie Mac’s primary mortgage market survey said.
The 30-year fixed-rate mortgage fell to 3.81% for the week ending Jan. 21, down from last week when it averaged 3.92%. In 2015, the 30-year FRM averaged 3.63%.