The 15-yr mortgage rate is at 2.97 and 30-yr at 3.75%. $$
Amazing.
We're at the point where everyone has been saying interest rates can't fall any further - but, they do. The obvious statement is that it's a great time to buy a house. Yet, housing prices continue to fall with no bottom in sight. Housing prices depend on wage inflation, and it's been a rough stretch the past few years.
***
Mortgage rate falls to record 3.75 percent
BUSINESS | MAY 31, 2012
http://pulse.me/s/9OWlA
Average U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for th... Read more
--
Sent via Pulse
Mortgage rate falls to record 3.75 percent
BUSINESS | MAY 31, 2012
http://pulse.me/s/9OWlA
Average U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for th... Read more
--
Sent via Pulse
