Mortgage Lenders Nationwide

FHA News, Mortgage Rates, Home Loan Updates, Lender Tips & Intelligent Lending Dialog

February 26, 2009

Low Mortgage Rates Continue

Category: FHA Mortgage,Financial News,Mortgage News,Mortgage Rate Report – admin – 2:36 pm
Low mortgage interest rates continued this week amid mixed reports about the slowing economy, Freddie Mac’s chief economist said on Thursday.  According to Freddie Mac chief economist Frank Nothaft, “Both the core producer price and consumer price indexes ticked up in January, higher than the market consensus, while consumer confidence in February dropped to the [...]

Low Mortgage Rates Continue



1 Comment »

  1. [...] In the news release Nothaft said “Reductions in home prices and affordable interest rate mortgages have yet to spur housing demand.” You can see how new sale prices continued to decline home. “For instance, house prices declined by 8.7% for the twelve months ending in December 2008 and were down 10.9% from their highs set in April of 2007, according to the Federal Housing Finance Agency’s purchase-only monthly home price index. See original article > Low Mortgage Rates Continue [...]

    Pingback by Mortgage Related News » Blog Archive » Record Low Mortgage Rates Holding — February 26, 2009 @ 2:45 pm

RSS feed for comments on this post. | TrackBack URI

Leave a comment

XHTML ( You can use these tags): <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> .