Saturday, July 24, 2010

Dirt-Cheap Mortgage Rates: Here for How Long? = Mortgage rates hit 4.56 pct., record low

[mEDITate-OR:
assume that this will go on for ever..., and ever...

It won't, but unless we see a major increase in "pending home sales", soon...
mortgage interest rates will stay very low.

The REAL question is, however, IF they have done ALL they can to prime the pump for RE home sales, and it is NOT working..., now what...???

Possibly, oddly, each of the major economic "schools of thought" have advocated the immediate use of THEIR best theories. What none of them have, or are, or probably will, do is explain to U.S. why THEIR economic fix is not working this time.

Even more, or less, surprising is that none of "Them" have, can or will tell U.S. what we should do now.

These are the mortgage rates for the week that just was.
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Mortgage rates for July 21 2010
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30-year fixed mortgage rates chart
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mortgage rates
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Dirt-Cheap Mortgage Rates: Here for How Long?
http://news.yahoo.com/s/usnews/20100722/ts_usnews/dirtcheapmortgagerateshereforhowlong
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Mortgage rates hit 4.56 pct., record low
http://news.yahoo.com/s/ap/20100722/ap_on_bi_ge/us_mortgage_rates_4
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