Read more in section
World Restored machine to explore mysteries of Big Bang Yesterday at 21:56
World Coal mine blast kills 42 in China, 66 trapped Yesterday at 19:38
World Obama asks Americans for patience on economy Yesterday at 13:38
World FACTBOX-Winners, losers in U.S. Senate health bill Yesterday at 13:09
World WHO investigating Norway swine flu mutations Yesterday at 07:13
World Tamiflu-resistant swine flu cluster reported in United States Yesterday at 07:09
World Indian boy mirrors plight of millions of kids Yesterday at 07:07
World China says 15 dead, 114 trapped in mine explosion Yesterday at 06:59
World U.S. seeks release of geologist in China secrets case Two days ago at 10:15
Most popular World
U.S. mortgage rates drop to lowest in 37 years
December 24, 2008 at 16:48Interest rates on the 30-year fixed-rate mortgage averaged 5.14 percent, with an average 0.8 point, for the week ending Dec. 24, down from the previous week's 5.19 percent, according to Freddie Mac.
The 30-year fixed-rate mortgage has not been lower since Freddie Mac started the Primary Mortgage Market Survey in 1971.
"Interest rates on 30-year fixed-rate mortgages eased for the eighth straight week and set another record low since Freddie Mac's survey began in 1971," Frank Nothaft, Freddie Mac vice president and chief economist, said in a statement