Dallas Refinance: Mortgage Rates at New Lows, great time to refinance.
posted May 25, 2010Dallas Texas Mortgage Refinance News:
Here’s some good news for the struggling US housing market: Thanks to the European debt crisis, mortgage rates are at historic lows. The current average rate for a 30 year fixed loan is 4.87 percent, according to www.Bankrate.com.
That’s the lowest rate for the 30 years since Bankrate started keeping track 25 years ago. Even jumbo loan rates-loans for more than $417,000-have fallen.
http://finance.yahoo.com/news/Mortgage-Rates-at-New-Lows-cnbc-442681525.html?x=0&sec=topStories&pos=1&asset=&ccode…
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