mers: Mortgage Interest Rates Hit Another All Time Low; however Few will Capitalize
- 10/06/11 01:28 PM
Mortgage rates continue to conquer new territory with a new all time low for a 30 year fixed mortgage! What an amazing time to purchase or refinance. I know there are many people who would love to take advantage of these rates, but they are not in the position to make any moves. What good is the lowest interest rates on record when the financing rules are too tight? Rates could bottom out at 1%, but if people can't qualify, then it is all in vain. Fortunately FHA buyers are able to take advantage of these historically low rates. However, … (0 comments)
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