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Mortgage rates fall to third straight record low

By
Real Estate Agent with RE/MAX Premier Group SL3116482/SL3020723

MORTGAGE RATES

Rates on 30-year mortgages fell to a record low for the third straight week, to an average 5.1 percent, and borrowers took advantage of the drop, sending new applications soaring. Mortgage rates have plunged by about 1.3 percentage points since late October.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n1-010509.cfm

Posted by

Nick & Cindy Davis

The Tampa Bay Real Estate Warriors
REMAX Premier Group
2719 SR 56
Wesley Chapel FL 33544 
813-300-7116 Direct
NickandCindyDavis@TampaHomesSold.com 
www.TampaHomesSold.com

Trey Affolter
Keller Williams Realty - Tacoma, WA
Brings HOME Results!

- interest rates sure makes it more appealing for home buyers & owners considering refinancing and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an atricle from NYTimes.com offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home? Good information to pass on to our buyers.

Best wishes for 2009!

Trey Affolter

http://www.treysellshouses.com

Jan 05, 2009 05:15 PM