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Post Info TOPIC: Fixed Mortgage Rates Drop
PMP


Mastering the Puppet

Status: Offline
Posts: 434
Date: Jul 17 15:16:51 2009
Fixed Mortgage Rates Drop


Mortgage rates continue to drop. For the third straight week 30 year fixed rate mortgages are at 5.14% and averaging 0.7 point for the week. Just last week mortgage rates were averaged at 5.20%, and a year ago, around this time, it was 6.26%.


 



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Black Canyon of the Gunnison


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Posts: 1
Date: Feb 7 01:10:26 2012

The continuous dropping of mortgage rates was the result of the economy growing at a much slower pace than many anticipated.

Just for a recent news, the personal property rates in the United States dipped to previously-unseen amounts again this week. Federal lender Freddie Mac blames slower-than-expected economic growth for the drop.



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