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Mortgage Rates Drop To All Time Low

Posted by creek_side (My Page) on
Fri, Jun 25, 10 at 7:32

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


Follow-Up Postings:

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RE: Mortgage Rates Drop To All Time Low

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.

Cheers,
Dave Donhoff
Leverage Planner


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