New Record Low Mortgage Rates Not Enough to Keep Applications Up

Mortgage interest rates fell to a new all-time low this past week, according to mortgage finance company Freddie Mac, but the Mortgage Bankers Association reported a decrease in demand for mortgage applications at the same time. The average rate on a 30-year fixed rate mortgage fell to 3.31 percent, excluding points, the second week in [...]

Source: http://www.loan.com/blog/2012/11/23/new-record-low-mortgage-rates-not-enough-to-keep-applications-up/

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