Mortgage Rates Fall Again This Week

Mortgage rates continue to fall....

Mortgage rates inched down again this week, hitting new lows that is prompting homeowners across the country to rush and take advantage of the opportunity to refinance their mortgages.

The benchmark 30-year fixed-rate mortgage fell to 3.52 percent from 3.55 percent, according to the Bankrate.com national survey of large lenders. One year ago, the mortgage index stood at 4.21 percent.

The benchmark 15-year fixed-rate mortgage fell to 2.84 percent from 2.88 percent.

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