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Mortgage rates at 37-year low

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arwendt View Drop Down
MUSA Official
MUSA Official


Joined: May 17 2007
Location: United States
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Points: 588
Post Options Post Options   Thanks (0) Thanks(0)   Quote arwendt Quote  Post ReplyReply Direct Link To This Post Topic: Mortgage rates at 37-year low
    Posted: Dec 18 2008 at 6:39pm
The rate will not help if no one has a job.
“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my Words of Freedom website.
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Prominent MUSA Citizen
Prominent MUSA Citizen


Joined: Apr 29 2008
Location: United States
Status: Offline
Points: 1100
Post Options Post Options   Thanks (0) Thanks(0)   Quote Middletown News Quote  Post ReplyReply Direct Link To This Post Posted: Dec 18 2008 at 12:33pm
Freddie Mac says mortgage rates at 37-year low, spurring historic refinancing opportunity
 
Freddie Mac, the mortgage company, reported Thursday that average rates on 30-year fixed-rate mortgages dropped to 5.19 percent, down from the year's previous low of 5.47 percent, set last week.

The rate is the lowest since Freddie Mac's weekly mortgage rate survey began in April 1971.

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