Wow 30 year mortgage below 4%

The average rate on a 30-year fixed mortgage has fallen below 4 percent for the first time in history.
On Thursday, Freddie Mac said the rate on the 30-year fixed mortgage fell to 3.94 percent from 4.01 percent last week, the previous low. The average rate on a 15-year fixed loan, a popular refinancing option, dipped to 3.26 percent, also a record.