Tuesday, June 1, 2010

Mortgage rates drop yet again

Mortgage rates drop yet again. Freddie Mac reports that 30-year mortgage rates dropped to near record lows for the week ending May 27, averaging 4.78 percent nationally and 4.77 percent in the North Central region. “These low rates will help to elevate home-buyer affordability and soften the effects of the sunset of the home-buyer tax credit,” says Frank Nothaft, Freddie Mac vice president and chief economist.

Team Elite

Julia Corkey & Vickie Schoenfeld
630-418-1800/630-842-3401
FAX: 866-761-0283
Website: http://www.homesbyteamelite.com/
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2272 95th St. Ste 200
Naperville, IL 60564

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