Just when you think mortgage rates possible cannot get any lower, they take another HUGE dip!

The 30-year national average is 4.05% according to Zillow and 4.21% according to BankRate.

If you plan on being in your house for a few more years and are currently at an interest rate of 4.75% or higher, I would definitely look into refinancing.

If you are thinking about purchasing a house, now is a great time to do it with rates at record lows and home prices still being depressed.

BankRate 30-Year Mortgage Rates (Past 5 Years)

Zillow 30-Year Mortgage Rates (Past 3 Months)