Mortgage Rates Hit Low of 4.54 Percent

July 31, 2010 (Chris Moore)

Mortgage rates are the most affordable in decades for those who can qualify for a loan.

For many, the opportunity to buy a home or refinance at this time is lost because of the tough economy and tight credit standards. But those who have secure jobs, superior credit and strong finances could do even better than the 4.54 average rate that Freddie Mac reported Thursday, according to experts.

Read more…

Dirt-Cheap Mortgage Rates: Here for How Long?

July 30, 2010 (Jeff Alan)

Although economists have grown increasingly concerned that the real estate market may slip into a “double-dip” recession, today’s consumers are being handed a tempting incentive to buy property or refinance their home loans: ultra-low mortgage rates. Rates on 30-year fixed mortgages fell to 4.57 percent for the week ending July 15. That’s down a half percentage point from three months earlier and the lowest level in the 39 years that Freddie Mac has been monitoring rates..

Read more…

Page 385 of 385« First...102030...381382383384385