Mortgage rates hit lowest mark in 20 months
Mortgage rates have seen a steep drop in the last few months, and in the past few days have declined a full eighth of a point. Rates are a quarter of a point lower than average rates in the second half of December.
What’s more, home loan costs are .375 percent lower than December’s highest rates, Mortgage News Daily reported.
READ MORE: http://therealdeal.com/miami/blog/2015/01/07/mortgage-rates-hit-lowest-mark-in-20-months/