Mortgage Rates Kicks Off the New Year at Record 3.91 pct.

Mortgage Rates Kicks Off the New Year at Record 3.91 pct.

Freddie mac reports that average rate on the 30-year fixed mortgage fell to 3.91 percent this week matching the record low of two weeks ago.

The average on the 15-year fixed mortgage slipped slightly to 3.23 percent (from 3.24 percent).

This bodes well of 2012 shaping up to be another year of great opportunity for those in the market to buy or refinance a home.

Interested in how different mortgages and rates affect monthly payments? Check out our handy Wahomeowners Calculators to see!