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Hey folks!

Here is some more great news from the National Association of Realtors online magazine.  Interest rates continue to be the best they have been in most of our lifetimes.

Remember, my business is built on referrals.  If you know anyone who needs professional Real Estate services, please have them consider me. 

Michael Droege

907-230-3372 - MichaelDroege.com - mjdroege@gci.net.

 

Daily Real Estate News  |  July 9, 2010  |   Share

Mortgage Rates Hit Another Record Low
The average interest on a 30-year fixed mortgage dipped to a new record low of 4.57 percent this week — down from 4.58 percent a week ago, according to Freddie Mac, which began tracking rates in 1971.

Still, the low rates may not provide much of a boost for the housing market because many people do not qualify for new mortgages or have already obtained loans at low rates this year.

Source: Indianapolis Star (07/09/10)

© Copyright 2010 Information Inc.
Posted by Michael Droege on July 12th, 2010 12:07 PMPost a Comment (0)

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