Rachel Stults reports for Realtor.com that mortgage rates dip as the spring home-buying season begins.
Mortgage rates across the United States have dropped slightly, just as the spring home-buying season has kicked into gear.
The average rate on a 30-year fixed mortgage dipped to 4.34% from 4.41% last week, according to the latest survey from mortgage buyer Freddie Mac. At this time last year—when rates hit record lows—the average was 3.43%.
Read the Realtor.com article: Mortgage Rates Dip as Spring Home-Buying Season Begins.