Mortgage News Continues to Show Mortgage Rates Going Down
Posted by: in Home Mortgage Online, tags: Dramatic Fall, Excerpt, Federal Government, Mortgage Backed Securities, Mortgage News, Mortgage Rates, News Articles, No Doubt, Random, Trillion, TruthRandom Feed wrote an interesting post today on
Here’s a quick excerpt
Over the last sixth months, most mortgage news articles have illustrated that mortgage rates have been steadily falling. There is no doubt that this is the truth as rates have went from 5.92% to 4.81% in just one year. This dramatic fall has been greatly aided by the drop in home prices and the subsequent assistance of the government. When the federal government has committed to buying $1.25 trillion in mortgage backed securities we can only expect mortgage news to be reported about one thi
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