Rates Lowest in 2 1/2 Years!!!
Bankrate.com just released an article stating that... Mortgage Rates have dropped to their lowest levels since July, 2005. Recently, rates went down 1 and 1/4 points within a few weeks and then crept back up again to 5.75%. The nationwide average for a 30-year-fixed is at 5.75%. Tell everyone you know that if they are thinking of buying the "stars are aligned for them." With Congress' Economic Stimulus Package (H.R. 5140) raising the conforming loan limit in Orange County, AND, some of the lowest rates we've seen in years...Why doesn't the OC Register ever tell us when something good happens in the real estate home selling market?
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