Wednesday, December 17, 2008

Mortgages at Less Than 4%?

The possibility of mortgage rates below 4% on home sales has received a mixed reaction among real estate and banking locals.

Federal regulators are considering a plan to push 30-year mortgage rates "well below 4 percent," one top federal official said on Wednesday.

Read Full Story

Source: Wichita Eagle, by Bill Wilson & Dan Voorhis, Thurs., December 11, 2008