The average rate on a 30-year fixed mortgage loan stayed near the record low for the sixth consecutive week.
Freddie Mac reported on Thursday, December 8, that the rate on the 30-year home loan dropped to 3.99 percent from 4 percent the previous week.
The average rate on a 15-year mortgage dropped down to 3.27 percent from 3.3 percent.
Mortgage rates have been below 5 percent for all but two weeks this year.
To calculate average mortgage rates, Freddie Mac surveys lenders across the country Monday through Wednesday each week.
