Rate on 30-year mortgage down to record 3.88 pct.

[unable to retrieve full-text content]WASHINGTON (AP) ? The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so.

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-19-Mortgage%20Rates/id-c6329a2b17e9438d84079c987b5fcadf

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