Mortgage rates are at 37 year lows. The average 30 year fixed rateĀ Loan declined to 5.1% for the week ending December 31 2008. The 15 yeaqr rate dropped to 4.83% which is its lowest level since March 2004 when it was at 4.7%. Since the end of October rates have dropped by 1 1/3% which for a $200,...