Mortgage Report for December 21, 2009
December 21st, 2009 Categories: Mortgage Update
Our mortgage report for December 21 sees interest rates left unchanged by the Federal Reserve. At the same time economic activity is picking up and the labor market is showing signs of recovery.
The next few months should see rates affected more by the market place than by government policies. Bottom line, we are probably in the last few weeks of sub-5% rates for 30 year fixed mortgages.
For my complete report, click here.
Rob Clark, Preferred Mortgage
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