30-year mortgage below 4% for the first time

``The average rate on the 30-year fixed-rate mortgage has reached below 4% for the first time, hitting a record low of 3.94% in the week ending Oct. 6 - these data go back to 1971 - down from 4.01% in the prior week, Freddie Mac reported Thursday.'' --all this and barely a budge in the housing market!