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...
Read full article...
More on mortgages:
Why it's ok to walk away from your mortgage
Real estate insider: We are headed for a catastrophe
Astonishing chart of Fannie and Freddie's mortgage defaults