| 22.08.2011 - US: Mortgage rates drop |
| Mortgage rates in the U.S. continued their decline over the past week, hitting new lows amid concerns about the economic outlook in the U.S. and fallout from Europe's sovereign-debt problems, according to Freddie Mac's weekly survey of mortgage rates. Refinancings averaged about 70% of all mortgage activity in the first half of the year, as homeowners took advantage of low rates, according to Freddie Mac..............................................Full Article: Source |