Mortgage rates at lowest point in 29 years

4what For Buyers, Naples Real Estate Info

Mortgage rates fell last week to the lowest level on records dating back to 1971. These low rates give consumers and added incentive to lock in low payments for refinance loans and home purchases. The average rate for 30-year fixed loans sank to 4.69 percent, and 15-year fixed-rate mortgages fell to an average of 4.13 percent. If you are considering …