Mortgage rates creep down toward 4%

Posted by Bonnie Martin Designated Broker on Thursday, February 6th, 2014 at 8:18am.

interest__max5128_450money.cnn.com - Maybe the days of rock-bottom mortgage interest rates aren't numbered, after all. Once again, rates are creeping down towards 4%.

Rates dropped 0.09 percentage point this week to 4.23% for a 30-year, fixed -rate home loan, according to the latest weekly report from Freddie Mac.

Mortgage rates started the year at 4.53%, and have sunk each week in 2014, falling a total of 0.3 percentage point.

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