Many home buyers can do a little better than the record low average mortgage rate today at 4.12% according to Fannie Mae. We are effectively at 4% home mortgages for anyone with pretty good credit.
For more on all things having to do with mortgages, check out my friend, Alex Stenback and his blog at Behind the Mortgage.
- Who is responsible for Fannie Mae and Freddie Mac losses? (hsh.com)
- Fannie Mae and Freddie Mac Massive Refinancing Program to Be Proposed – Will This Fix the Housing Market? (johnmurphyreports.com)
- Fannie Mae Regulator Sues the World (blogs.wsj.com)
- Mortgage Rates in U.S. Fall to Record Low, Freddie Mac Says (businessweek.com)