Mortgage Rates Hit New Record Low

Freddie Mac says the average rate for 30-year fixed loans this week was 4.56 percent, down from 4.57 last week. That’s the lowest since Freddie Mac began tracking rates in 1971.

The rate on the 15-year fixed loan dropped to 4.03 percent, down from 4.06 percent last week and the lowest on record.

The US dollar is still viewed as a safe haven, despite best efforts of the Fed and Congress.

Buyer psychology, e.g. confidence, is still key to a revived housing market. So, how’re you feeling?