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Friday, November 11, 2011

Mortgage Rates Below 4 Percent

Mortgage Rates Below 4 Percent - With 4 percent and below mortgage rates, the refinance and purchase market could see a slight pick up this week. You may not have noticed, but mortgage interest rates crept above 4 percent in recent weeks for the first time. However, those days are temporarily gone.

The average mortgage interest rate has fallen below 4 percent again. This is surely a sign the real estate market isn't out of its funk and ready to turn the corner. Many news and media outlets have been reporting the darkest days are behind us, but the interest rate market begs to differ. It is

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