Fixed mortgage rates touch new lows for 2011

Fixed mortgage rates touch new lows for 2011

Fixed mortgage rates fell this week to the lowest point of the year, offering incentive for homeowners to save money by refinancing their loans.

Freddie Mac said Thursday that the average rate on the 30-year loan fell to 4.61 percent. That’s down from 4.63 percent and the lowest level since mid-December.

Read Story on Komonews.com…