Thursday, July 19, 2012

30-year mortgage rate falls to record 3.53%

Mortgage borrowing got cheaper again this week, as rates on 30-year and 15-year fixed-rate loans fell to record lows.......30-year mortgage rate falls to record 3.53%:

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Fed will have "work to do" if inflation doesn't fade, Warsh says in Jackson Hole speech

Federal Reserve Chairman Kevin Warsh reaffirmed the central bank's commitment to lowering consumer prices, acknowledging that inflation ...