Mortgage rates hit low of 4.54 percent

For those who can qualify for a loan, this is the most affordable mortgage rates in decades. Freddie Mac reported Thursday, that the opportunity to buy a home or refinance at this time is lost because of the tough economy and tight credit standards. However, for those who have secure jobs, superior credit and strong finances could do even better than the 4.54 average rates. This is the lowest rate since Freddie began tracking rates in 1971. It also marks the fifth time in six weeks that th

posted @ Wednesday, August 04, 2010 12:02 PM | Feedback (120)