Mortgage Rates at Lowest Point in Five Decades

July 15th, 2010

Mortgage rates are at the lowest point they have been in five decades. The national average is 4.57% for a 30 year fixed conventional loan. MSNBC reports that: Rates have fallen over the past two months. Investors, concerned with the European debt crisis, have poured money into the safety of Treasury bonds. Treasury yields have [...]