Under One Roof Blog
Everything You Need To Know About Home Mortgages

Interest Rate Reduction Sets Off a Chain Reaction Across the U.S. on Tuesday!
November 26, 2008 by Tamara Sevigny, Customer Care Director

The Federal Reserves’s attempt to stabilize the housing market set off a chain reaction of refinances across the United States on Tuesday, November 25th. Interest rates on 30 year fixed-rate mortgages dropped by roughly half a percentage point for borrowers with good credit scores and at least 20% equity in their homes.  To read more log onto:  http://www.foxnews.com/story/0,2933,457705,00.html

This entry was posted on Wednesday, November 26th, 2008 at 12:03 pm and is filed under Mortgage Loan Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.