ap

Skip to content
Author
PUBLISHED:
Getting your player ready...

NEW YORK — The mortgage- rate bar is even lower, but few homebuyers are making the jump.

Rates on fixed mortgages again fell to their lowest levels in decades this week, Freddie Mac said Thursday, after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth.

The average rate for 30-year fixed-rate loans fell to 4.17 percent from 4.24 percent last week. That’s the lowest on records dating back to 1971.

More in Business