From USA TODAY:
Fixed mortgage rates tumbled this week and 15-year loans dipped below 4% on average for the first time in three months.
Rates follow the yield on U.S. Treasury bonds, which fell as bond prices rose on worries that the crisis in Japan could slow economic growth.
Freddie Mac said Tuesday that the average rate on 15-year fixed mortgages, a popular refinance option, dropped to 3.97% from 4.15%. The last time the rate was below 4% was in mid-December. It reached 3.57% in November, lowest level on records dating back to 1991…
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