Mortgage Rates Hover Around Yearly Lows

Thirty-year fixed-rate mortgages averaged 3.65 percent, with an average 0.6 point.  Last year at this time, 30-year rates averaged 4.33 percent.

When rates are low, buyers can afford to buy a nicer home.  Low rates are contributing to a busy Spring home buying season. 

Read more about it:  Mortgage Rates Hover Around Yearly LowsThe 30-year fixed-rate mortgage averaged 3.65 percent this week, remaining near its 2015 low and offering potential home buyers savings in... [NAR Daily News Magazine]