Rate on 30-year fixed mortgage falls to 4.11%

The average rate on the 30-year fixed mortgage was nearly unchanged this week after rising sharply last week.
Freddie Mac said Thursday that the rate on the 30-year loan edged down to 4.11 percent from 4.12 percent last week. The week before, it fell to 3.94 percent. That’s the lowest rate ever, according to the National Bureau of Economic Research.
The average rate on the 15-year fixed mortgage ticked up to 3.38 percent from 3.37 percent. It hit a record-low of 3.26 percent two weeks ago.

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