Mortgage rates hit 4.44 pct. as economy sours + 30-year mortgage at lowest rate since 1971 + Set Record Low for Eighth Week

[mEDITate-OR:

not remember when we saw this last time...

each week, for the last 8...

and shortly after my son was born.

With the decision by the FED to re-invest FMae&FMac mortgage funds back into 10 yr TBills, this pattern will probably stay in this place for a long, long time.

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30-year mortgage at lowest rate since 1971

http://money.cnn.com/2010/08/12/real_estate/mortgage_rates/index.htm

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Mortgage rates hit 4.44 pct. as economy sours

http://www.azcentral.com/business/realestate/articles/2010/08/12/20100812mortgage-rates-another-record-low.html

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