Bankrate: Mortgage Rates Fall 6 Weeks in a Row

NEW YORK, N.Y. – May 26, 2011 – (RealEstateRama) — Mortgage rates dropped again, with the benchmark conforming 30-year fixed mortgage rate falling to 4.77 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points.