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  #1  
Old 12/29/11, 12:41 PM
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Default Mortgage rates hit a new low. Good for inspectors.

Mortgage rates hit a new low last week: Freddie Mac said the average for a 30-year fixed-rate loan was 3.91%. Such super-low rates and the resulting increased affordability of homes may spur more housing activity.



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  #2  
Old 12/29/11, 6:40 PM
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Default Re: Mortgage rates hit a new low. Good for inspectors.

I think it has a lot to do with does the average consumer think it has hit bottom yet...myself I think not....



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  #3  
Old 12/29/11, 8:39 PM
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Default Re: Mortgage rates hit a new low. Good for inspectors.

3.5% and I'm refinancing!



“The things that will destroy America are peace at any price,
prosperity at any cost, safety first instead of duty first,
the love of soft living, and the get-rich-quick theory of life.”
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Old 12/29/11, 8:41 PM
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Default Re: Mortgage rates hit a new low. Good for inspectors.

Quote:
Originally Posted by jmckee View Post
has hit bottom yet...myself I think not....
If Chairman Obama gets another term, the government will be paying US interest to buy a home (paid for by a tax on the rich of course).



“The things that will destroy America are peace at any price,
prosperity at any cost, safety first instead of duty first,
the love of soft living, and the get-rich-quick theory of life.”
Theodore Roosevelt


Joe Funderburk, CMI
Alpha & Omega Home Inspections, LLC
Inspecting Upstate SC & Charlotte Metro, NC
NACHI ID: NACHI05120170
www.aohomeinspection.com


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  #5  
Old 12/30/11, 9:05 AM
Gary Farnsworth Gary Farnsworth is offline
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Default Re: Mortgage rates hit a new low. Good for inspectors.

http://www.linkedin.com/news?actionB...1uGOVbjA6b1R41


38% of all home sales in 2011 were paid in cash.



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