30 Year Fixed Mortgage Hits New Record Low Rate

Posted By on August 5, 2010

The 30 year Freddie Fixed Rate Mortgage has just printed under4.50%, at 4.49%: a  new all time record low.

Japan has already watched this movie…….It doesn’t matter at what rate the mortgage is, but more importantly for now is the security of having  1) cash flow and 2) a job.  Both seem to be in short supply currently!

Chart from www.zerohedge.com

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