European debt fears push mortgage rates to record lows

Fears over the European debt market pushed fixed mortgage rates to record lows this past week, according to Freddie Mac's Primary Market Mortgage Survey. The 30-year, fixed-rate mortgage fell to a new bottom of 4.09%, down from 4.12% last week and 4.37% from a year ago. Meanwhile, the 15-year, FRM hit a record low of 3.3%, down [...]...