KKTV 11 News | Colorado Springs, Pueblo | News

Mortgage Rates Hit All-Time Low

By: KKTV and the Associated Press
By: KKTV and the Associated Press

If you are looking to buy a home we have some good news for you - some mortgage rates have hit a record low.

According to Freddie Mac,15-year fixed rate loans fell to 2.61 percent this week. That's down a fraction from last week.

The most popular mortgage -- the 30-year fixed rate - is hovering just above its record low.

Freddie Mac's chief economist says the low rates are boosting the housing market.


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