short sales: Mortgage Rates for U.S. Loans Fall From 10-Month High - 02/19/11 04:47 AM
 
Mortgage rates for 30-year U.S. loans declined for the first time in five weeks, reducing borrowing costs from a 10-month high.
This link is from Business Week and discusses interest rates and the housing market last week
 http://buswk.co/eXjCDC
It will be interesting to see what interest rates do in the near term. We are starting to see some early sign of inflation which typically drives interest rates higher. However with fewer potential home owners able to get financing it would be natural to see if interest rates will remain at current levels. I would be interesting to hear your opinion … (1 comments)

 
Robert Staab (None currently nmls# 509659)

Robert Staab

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