Mortgage rates still falling?refi applicants need to shop around

Mortgage rates ended last week by inching their way down to new record lows, and according to HSH.com’s Weekly Mortgage Rates Radar, rates are still falling.
The average rate for conforming 30-year fixed-rate mortgages fell by 3 basis points (0.03 percent) to 3.97 percent, while conforming 5/1 hybrid ARM rates decreased by a single basis point, [...]

Source: http://feedproxy.google.com/~r/hsh/~3/I7JjoxceB6U/

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