bank rates

Best Mortgage Rates Slip Lower

As the summer rolls on, the best deals on home loans keep getting better.

The lowest rates for a 30-year, fixed-rate loan in the 10 cities As the summer goes on, the best deals on home loans just keep getting better.we surveyed this month range from 5.125% to 4.875%.

The results are a little better than our July survey, when the range was 5% to 5.25%. They’re a lot better than our June survey, when the best deals were from 5.25% to 5.625%.

With the average cost of a traditional mortgage a full-point lower than the past three Augusts, this remains a very good time to buy or refinance a home. MORE

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