Mortgage Rates Drop To All Time Low

creek_sideJune 25, 2010

I heard this on the radio this morning. Rates are at their lowest point ever, a national average of 4.69% for 30 year fixed rate loans.

Another story stated that the University of Tennessee was increasing tuition rates by 9%.

What a juxtaposition.

Here is a link that might be useful: Mortgage Rate Story

Thank you for reporting this comment. Undo

Yep.... 30 FRMs are now available at 4.0% to 4.25% via brokers (using wholesale funding.)

Great for those who wisely use leverage.

SUCKS for those seeking the safety & security of fixed income.

Trade offs, trade offs..... I expect this to be the case for quite a while, for the good & the bad.

Dave Donhoff
Leverage Planner

    Bookmark   June 25, 2010 at 11:52AM
Sign Up to comment
More Discussions
Considering downsizing Advice desperately needed!
Have you downsized? I could use your input. Desperately...
After months of preparation, house is now listed
This is such a big deal for us, we have been planning...
Verbal offers suddenly surface
Too much drama. We put offer on house number one, house...
Randy Ritchie
Would you buy a home near fire station??
We're considering an offer on a single-family home...
New front door--ok to put lockbox on back door?
We have a new (quite expensive) front door and screen...
© 2015 Houzz Inc. Houzz® The new way to design your home™