Industry NewsMortgage

Mortgage rates still hovering around record lows

Tight lending standards remain a factor as spring buying season approaches
Published on Mar 1, 2012

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by CareyBot

Mortgage rates eased this week, remaining at or near record lows as the spring homebuying season approaches, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.

While low rates boost affordability, many would-be buyers are still unable -- or unwilling -- to finance a home purchase.