The Real Estate Encyclopedia
Mortgage rates fall to third straight record low
Category - Mortgage Questions - Mortgage Loans FAQ's
MORTGAGE RATES (posted Jan 5, 2009)

Rates on 30-year mortgages fell to a record low for the third straight week, to an average 5.1 percent, and borrowers took advantage of the drop, sending new applications soaring. Mortgage rates have plunged by about 1.3 percentage points since late October.
 
Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n1-010509.cfm
 
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Mortgage Questions - Mortgage Loans FAQ's
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