Mortgage rates slide to new low = National average for a 30-year fixed loan dips to 4.57 percent

[mEDITate-OR:

not even KNOW you could get so low...

However, "the winds of change..., de are'a blowin'...

As you know, the EURO crisis, as opposed to our own home grown one...

it about over, and the EURO is on the way back up...!!!

{sorry you missed your French vacation...!!!}

And, this week the PRICE of 10yr TBills has tanked...

which means that the yields are way up, relatively speaking...

AND that means next week the mortgage rate will jump - UP !!!

So, if you can, and if you do a REFI, "lock" and load the cheapest rate you can find.

and hold on to it for as long as you live...!!!

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The first three chart show U.S. this weeks mortgage rates

The 4th chart shows U.S.

that under RonnieR we paid 13%

under GHWBush we paid 10% and under BillyBoy only 7%

then when we all went "under" with W'Bush we paid only 6%...

and got all of U.S. into ALL that "trouble".

But, what the 5th chart shows U.S. is that WITH those low rates

we also had the highest home affordability...!!!

Well, you do see, do you not, that under Barack Obama !!!

we have the MOST home affordability that we have seen in our lifetimes...!!!

Now, if we only could find a job - to be able to pay for it.

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Mortgage rates slide to new low

National average for a 30-year fixed loan dips to 4.57 percent

Mortgage rates fell for the second straight week to the lowest point in five decades, but it may not be enough to jump-start the housing market.
http://www.msnbc.msn.com/id/7148582/from/toolbar

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