Mortgage Rates Sink To New Record Low

NEW YORK (CNNMoney) — Mortgage rates have fallen to a new record low, according to Freddie Mac, and the stagnant economy is to blame. The 30-year fixed-rate mortgage dropped to an average of 3.67% in the week ended June 7, Freddie Mac said Thursday. This is the sixth consecutive week of declines. The 30-year rate [...]