Interest Rate Watch!!
Posted In: Economy, First Time Home Buyers, For Buyers, General Real Estate News, Mortgage & Finance
Finally some good news for the housing market! Mortgage rates went down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over seven percent!! According to Freddie Mac research, this one percentage point reduction in rates can allow as many as three million more mortgage-ready consumers to qualify and afford a $400,000 [...]