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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage rates continue to fall, setting record lows

By Implode-Explode Heavy Industries

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``The 30-year fixed-rate mortgage averaged 4.44% for the week ending Aug. 12, according to Freddie Mac's weekly survey of conforming mortgage rates. It averaged 4.49% last week and 5.29% a year ago. The rate is now at its lowest level since Freddie Mac started tracking it in 1971.''

Full post as published by Mortgage Lender Implode-o-Meter on August 16, 2010 (boomark / email).

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