Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What’s Ahead For Mortgage Rates This Week : October 24, 2011
What’s Ahead For Mortgage Rates This Week : October 24, 2011
Published October 24, 2011 Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points.
Conforming rates across South Carolina eased, giving homeowners and rate shoppers yet another chance to nab historically-low mortgage rates. FHA mortgage rates remained low, too.
According to Freddie Mac, the average 30-year fixed rate mortgage rate is now 4.11% with 0.8 discount points. For loans with zero points, expect to pay slightly higher rates. 
Rate-shoppers and home buyers would do well to pay attention.
This week’s may be as good as mortgage rates get. Possibly forever. This is because the market conditions that helped rates stay low — a weak U.S. economy and uncertainty in Europe — are eroding.
The U.S. economy has posted strong jobs, spending, and confidence figures in the past 3 weeks and Eurozone leaders appear closing making a deal that will help Greece avoid a sovereign debt default.
Once markets no longer worry about these two events, rates are expected to surge.
Eurozone leads met all weekend and have chosen Wednesday, October ... more

__________________________________________________
Are you on The Rain? Grow Your Network!