Mortgage rates fell again this week..sending to a new record low. According to Freddie Mac, the average 30-year fell to 3.34% and the 15-year to 2.65%. Rates continue to drop due to the concern over the fiscal cliff and demand for government bonds. Since the presidential election, investors have pulled from the stock market and invested into safer treasuries. We highly recommend refinancing now, even if you did so in the past year or so as these rates are absolutely at rock bottom.