Mortgage rates dipped again, for the sixth week in a row, pushing the rate on the most common type of mortgage below 4 percent for the first time in the history of Bankrate's survey.
The first time Bankrate did the survey, Sept. 25, 1985, the 30-year fixed rate was 12.31 percent. That's the highest it has been.
The benchmark 15-year fixed-rate mortgage stayed at 3.2 percent, and the benchmark 5/1 adjustable-rate mortgage rose to 3 percent from 2.99 percent.
That's the lowest the 15-year rate has reached since Bankrate started the weekly survey.