Mortgage Rates Tumble to 40 Year Lows

Posted On: Friday, July 2, 2010 - 12:19pm | Posted By: Rob Rogers
Topics: Market Statistics | Tags: mortgage rates

Inman News reports that mortgage rates tracked in Freddie Mac's weekly rate survey hit record lows for the second time in a week.  With rates so low, coupled with a typical summer slump in the housing market, this is the perfect opportunity for buyers to afford more house for less money.  Many buyers are so fixated on the prices of the houses that they don't recognize that the affordability of their home is even more driven by the interest rates they are paying on their mortgage.

http://www.inman.com/news/2010/07/1/mortgage-rates-tumble-new-lows

Rob Rogers

During his 20 years in the real estate industry, Rob has successfully negotiated nearly 1,000 transactions, earning top Producer status year after yea
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