Mortgage Rates creep down by 4%


Maybe the days of Rock Bottom Mortgage Interest rates are not numbered after all.

Once again, rates are creeping down towards 4%.

Mortgage rates started the year at 4.53%, and have sunk each week in 2014, falling a total of 0.3 percentage point.

Borrowers with a 4.23% mortgage would pay $982 a month on a $200,000 balance, compared with $1,017 on a 4.53% loan.

By Les Christie @CNNMoney

Scott Farrell
Scott Farrell

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