U.S. Mortgage Rates at 30-Year Low at 4.12%

U.S. Mortgage Rates at 30-Year Low at 4.12%

Jin Lee/Bloomberg

The previous low for a 30-year fixed mortgage was 4.15 percent for the week that ended Aug. 18. Data from the National Bureau of Economic Research measuring Federal Housing Administration loans indicate that long-term borrowing costs are the lowest since the 1950s, according to Chad Wandler, a spokesman for Freddie Mac.