san jose mortgage rates: San Jose Mortgage Rates Match Lowest Level in Decades - 10/05/10 08:55 AM
It's nice to hear some good news in this jobless recovery. Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 20 years.
According to the San Jose Mercury News, mortgage buyer Freddie Mac said the average rate for 30-year fixed loans fell to 4.32 percent, the lowest on record since 1971.
The economy is still in a tough spot, that's nothing new. Low rates have failed to boost a struggling housing market, which had its worst summer in more than a decade. Fall sales are not expected to … (0 comments)

san jose mortgage rates: San Jose Mortgage Rates Hit Record Lows - 09/07/10 08:03 AM
Mortgage rates are at historic lows. Really, rates haven't been this low since the very first McDonalds restaurant opened in 1955!
The average rate for a 30-year fixed loan was 4.32 percent this week, down from 4.36 percent last week, mortgage buyer Freddie Mac said Thursday. That's the lowest since Freddie Mac began tracking rates in 1971. In fact, San Jose mortgage rates are so low they could be confused with John Cusack's career!
The low rates have fueled a wave of refinancing by borrowers. According to San Jose Mercury News, refinancing is at its highest level since May 2009 and … (0 comments)

 
Annmarie Maronek (Quicken Loans)

Annmarie Maronek

San Jose, CA

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