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new record lows today for Mortgage Rates


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#1 hiker

hiker

    independent trader

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Posted 15 December 2011 - 10:25 AM

30-year fixed - today's national average rate ties the average record low achieved on Oct 6, 2011

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.