Mortgage Rates Fall to Record Lows; 30-Year, Fixed-Rate Loan at 4.85% San Leandro Times, United States “The Federal Reserve’s announcement that it intends to purchase Treasury securities over the next six months caused bond yields to drop and mortgage rates followed,” said Frank Nothaft, Freddie Mac vice president and chief economist. ... Fed's Move to Lower Mortgage Rates May Backfire On Market Mortgage Rate Forecast For The Week of 3/30/09 Mortgage Rates At 5 Percent or Lower, But Be Careful Refinancing |
