Real Estate News - Latest construction, mortgage & housing market news and headlines.- msnbc.com

Rates on 30-year loans set record low

The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. Full story

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Latest interest rates

See today's average mortgage rates across the country.

Loan type	Today	+/-	Last week
30-year fixed	4.93%		4.96%
15-year fixed	4.53%		4.53%
30-year fixed jumbo	5.99%		5.90%
5/1 ARM	4.19%		4.21%
7/1 ARM	4.52%		4.43%

Source: Bankrate.com | View rates in your area

See today's average home equity rates across the country.

Loan type	Today	+/-	Last week
$30K HELOC	5.22%		5.22%
$30K home equity loan	8.35%		8.36%
$75K home equity loan	8.23%		8.25%
$50K home equity loan	8.20%		8.22%
$50K HELOC	4.95%		4.96%

Source: Bankrate.com | View rates in your area

See today's savings rates across the country.

Savings type	Today	+/-	Last week
Money market	.96%		1.01%
$10K money market	1.03%		1.09%
Six-month CD	1.06%		1.10%
One-year CD	1.54%		1.58%
Five-year CD	2.56%		2.61%

Source: Bankrate.com | View rates in your area

See today's average auto rates across the country.

Loan type	Today	+/-	Last week
48-month new car loan	6.78%		6.79%
36-month used car loan	7.16%		7.15%
36-month new car loan	6.66%		6.67%
60-month new car loan	6.82%		6.83%
72-month new car loan	6.12%		6.12%