Average rate on 30-year mortgage dips to 3.88 pct.
WASHINGTON -- Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped last week, while the 15-year loan fell to a new record low.
That's slightly above the 3.87 percent average rate hit three weeks ago, which was the lowest since long-term mortgages began in the 1950s.
The average on the 15-year fixed mortgage fell to 3.13 percent, from 3.17 percent a week ago.
housing, economy, business
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