Mortgage rates dropped this week, and the most popular type of mortgage hit a new record low.
The 30-year fixed-rate mortgage fell 9 basis points to 4.21 percent.
The 15-year fixed-rate fell 1 basis point to 3.46 percent. The average rate for 30-year jumbo mortgages was 4.82 percent, down 5 basis points from last week's rate.
Despite the super-low rates, the volume of mortgage applications decreased 4.3 percent last week from one week earlier, according to the Mortgage Bankers Association weekly survey.
If you're in the market for a home ... you can research the best mortgages rates, right here, at Bankrate.com. I'm Kristin Arnold.
Mortgage rates jumped this week.
The benchmark 30-year fixed mortgage rate held at 3.8 percent.
Mortgage rates remained in a holding pattern this week.
Mortgage rates edged up this week.
How did consumers respond when asked about job security, savings, net worth, and debt?
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New car loan rates fell 1 basis point each.
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