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mortgage rates: Mortgage Rates - 11/03/11 02:36 PM
- Mortgage rates averaged 4.69% in 2010, an all-time low since Freddie Mac started its mortgage survey in 1971.- Mortgage rates ranged from 4.23% to 5.1% in 2010. At the end of December, rates stood at 4.71%.- In the week ending February 10th, rates stood at 5.05%.
In light of the risks associated with developments in Europe (i.e. Euro debt crisis), household and business deleveraging, businesses’ reluctance in hiring and the slowly recovering housing market which could restrain growth going forward, the Federal Reserve maintained its commitment to all of its accommodative policy programs.
The U.S. economy’s sluggish recovery set the … (0 comments)

 
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David Edwards

Renton, WA

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Keller Williams Realty Southeast Sound

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