Mortgage rates drift lower
Mortgage rates drifted slightly lower this week, but it was enough to establish a new record low of 4.18 percent on the 30-year fixed rate mortgage, according to Bankrate.com's weekly national survey.
Mortgage rates continue to retreat from a year-end surge, with rates on 30-year fixed-rate loans hitting a four-week low, according to a weekly rate survey conducted by Freddie Mac.