Monday, July 5, 2010

Mortgage bond make mortgage rates to record low

The housing mortgage bond reversed by the U.S. government have become a secure place for investors once again assisting to make the mortgage rates to record low. The standard interest on 30-year fixed loans are decreased to 4.58% this week which is down from 4.69% when compared to the last week.

Moderately some of the home owners are refinancing at the good deal rates however in big part because many qualified borrowers did so when rates were almost as low last year.

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