Mortgage Rates Hit All Time LOW

March 26, 2009 by Gordon Advisors

Mortgage Rates Hit All Time Low

Today Mortgage Rates went from 4.98 % to 4.85 % on 30-year fixed-rate mortgages. According to Freddie Mac this is the lowest it has been since 1971. (Back when it was postwar and the economy was troubled by the slow businesses and stagnate economic growth.) The Feds plan on dumping trillions into our economy to aid this mortgage crises.  If you can now is the time to refinance!