AgentIndustry News

Mortgage rates fall, economy slows

Housing bubble talk on radar again
Published on Dec 1, 2006

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by CareyBot

Mortgage rates are falling this morning, approaching the lows of the year; even the lowest-fee 30-year loans are down to 6 percent right now. The 10-year T-note's decisive break below 4.53 percent -- the floor since September -- to 4.41 percent this morning could easily pull mortgages into the high fives.