Slight Dip Makes Another Record Low for Mortgage Rates

The mortgage rates available for home buyers and refinancing are at their lowest levels since 1977. Come on guys, get out there and buy! The economy is gradually improving, so these rates won't last forever.

Note in the tables this week that different regions of the country are fooling around with the low-level in a variety of ways. Some regional averages are showing lower rates than others but watch the points required to obtain those rates --- the points differ by region, too. That can be done mortgage company to mortgage company and so when you compare rates as you buy or refinance a home, make sure you watch both the rate offered and the costs required to close.

Here are the numbers:

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