Saturday, September 24, 2011

Chart of the Day: 15-Yr. Fixed Rates at Record Low

CARPE DIEM: Chart of the Day: 15-Yr. Fixed Rates at Record Low
The 15-year fixed mortgage rate fell to a new all-time low this week of 3.29%, according to Freddie Mac.

Imagine what housing sales would be without these record setting low mortgage rates.
The situation is worse than it seems.

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