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Mortgage Rates. According to a recent Bankrate.com article, the average rate of a 30 year fixed rate mortgage is up 10 basis points (0.10%) to 5.32% and a 15 year fixed is also up 10 basis points, to 4.7%. It’s all due to economists declaring that the recession is over, lack of jobs not [...] Here’s an article from the AP that now reads “S&P index shows plunge in November home prices“, though when I found it yesterday the headline was “S&P index shows posts sharpest decline in home prices on record”! I think you’ll agree the latter is a bit more eye catching, if not dramatic. The point [...] |
 
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