15-year fixed - new record low today on Dec 15th - surpasses the prior record low on Oct 6, 2011
*** in the first nine months of 2011, households lost almost $400B in property values contributing to $1.4T reduction in overall net worth - per FreddieMac today
LOL - you think there is a connection between low rates and the liquidity drain in asset values?
Edited by hiker, 15 December 2011 - 10:28 AM.