2010-09-01housingwire.com

"The national, 30-year fixed-mortgage rate (FRM) slightly decreased from a week earlier, setting a new record low average of 4.26%, according to the Zillow Mortgage Marketplace weekly update. This is down 0.03% from last week and 0.02% below the previous record low."



Comments:

catherine at 20:05 2010-09-01 said:
wrote it 3 years ago, rates can be ZERO but you have to have a job to buy.........

just talked a friend into bringing 10,000 to the table in a refinance NEVER IN 30 YEARS have I recommended that, but he saved 1,000 a month and 30 days later the value would have fallen even more......and he has a very safe, engineering position.

there are not many homeowners in that position. Permalink

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