Image by TheTruthAbout… via Flickr Comparing July’s conforming mortgage rates to today’s average rates, there’s a 1.5 percent difference in favor of homeowners. Rate drops like that make big differences in a household budget. Look at these before-and-after payments, based on rates from the chart: $150,000 mortgage ($144 savings/month) July 2008: $958 monthly February 2009: […]
Lower Rates Let People Buy More House for Less!
February 10th, 2009 · 1 Comment
Tags: Real Estate