Mortgage Rates Down Nearly 40 Basis Points From Year High
Wednesday, September 6th, 2006
Once again Freddie Mac is reporting that mortgage rates
are down from the preceding week and have now reached levels not seen since
late March and early April.
Frank Nothaft, Freddie Mac vice
president and chief economist said, " href="http://www.mortgagenewsdaily.com/Mortgage_Rates/" mce_href="http://www.mortgagenewsdaily.com/Mortgage_Rates/">Mortgage rates
continued to drift lower this week in large part because of the
cooling in the housing market and in consumer confidence,
thus giving financial markets reason to believe that...
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