Once the Federal Reserve began tapering its purchase of Treasury bonds last December, analysts expected mortgage rates to begin rising, but as CNNMoney reports, they have fallen to 4.12 percent for a 30-year fixed-rate loan this week, the lowest since Oct. of 2013. The rate on 15-year loans remained unchanged at 3.22 percent, according to Freddie Mac. At four percent, payments on a $200,000 home would be $955 a month; at five percent the cost would be $1,073 monthly, and at six percent, $1,200 a month, MHProNews has learned. ##

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