Tag: Ben Bernanke mortgage rates

  • Mortgage Rates Stay Low, But Homebuyers Aren't Budging

    Mortgage Rates Stay Low, But Homebuyers Aren't Budging

    WASHINGTON -- The average rate on the 30-year fixed mortgage fell to 4 percent this week, nearly matching the all-time low hit just one month ago. Freddie Mac said Thursday that the rate on the 30-year loan dropped from 4.10 percent last week. Four weeks ago, it dropped to 3.94 percent -- the lowest rate ever,... Continue Reading

  • Are Low Mortgage Rates Killing the Housing Market?

    Are Low Mortgage Rates Killing the Housing Market?

    This may fall under the category of "too much of a good thing," but there is growing sentiment that the historically low interest rates on mortgages are actually fueling the stagnation of the housing market. By keeping rates low, the hope was that more people would be motivated to buy homes. And when that... Continue Reading