About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Mortgage Financing Programs News

As we noted earlier, the Fed announcement last week pushed mortgage interest rates to shocking lows. Rates have drifted up again this week a but but it is still a great time to refinance. Here is a great quote from Housing Wire on the subject:

A separate rates survey conducted by Bankrate.com found that mortgage rates this week actually hit their lowest point since the Eisenhower era — yes, the 1950s! According to Bankrate, the benchmark 30-year fixed-rate fell 10 basis points to 5.19 percent, while the benchmark 15-year fixed-rate fell 6 basis points to 4.8 percent.

Comments (0) Posted by G.R.A. Admin on Thursday, March 26th, 2009


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