30-Year Fixed Rate Decreases To Its Lowest Level On Record

It fell to 2.88 percent with an average 0.8 point, according to the latest data released Thursday by Freddie Mac. The 30- year fixed rate has never been this low since Freddie Mac began tracking mortgage rates in 1971. Freddie Mac, the federally chartered mortgage investor, aggregates rates from around 80 lenders across the country to come up with weekly national…