30-Year Fixed Mortgage Rates Fall Below 4 Percent for First Time Since October

Posted by Bonnie Martin Designated Broker on Tuesday, May 27th, 2014 at 10:00pm.

interest__max5128_450zillow.com - Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.99 percent, down from 4.05 percent at this same time last week.

The 30-year fixed mortgage rate steadily declined last week, dropping to as low as 3.98 percent on Sunday before rising slightly to the current rate Tuesday morning.

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