Consumer Mortgage News Free mortgage news for current and prospective borrowers from a leading online mortgage industry news publication.
Best Opportunity Ever to Refinance
Mortgage rates hit historic low
May 4, 2012
By PETE CAREY San Jose Mercury News - McClatchy-Tribune Information Services
Mortgage interest rates hit a historic low in a weekly survey released Thursday. The continuing low rates are expected to spark refinancing more than home sales, which are still challenged by economic conditions and low inventory.
This wire news service story is no longer available.