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What inflation? Mortgage rates still below 5%
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Friday, February 19, 2010
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From Newsmax:

Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year's record lows.

The average rate on a 30-year fixed rate mortgage was 4.93 percent this week, down from 4.97 percent a week earlier, mortgage finance company Freddie Mac said.

Rates dropped to a record low of 4.71 percent in early December, pushed down by an aggressive government campaign to...

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More on mortgages:

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Real estate insider: We are headed for a catastrophe

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Topics: Mortgages | Inflation | Real Estate
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