The average rate on the popular 30-year fixed just fell to another record low at 2.87%, according to Mortgage News Daily.

That is about a full percentage point lower than a year ago; and that’s just the average. Some borrowers are getting even lower rates.

Mortgage rates are at a record low and could move even lower, especially if the U.S. economy shuts down again, unemployment rises and investors rush even further into the bond market.