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Congress continues to subsidize real estate industry


By tovarichpeter   Follow   Thu, 3 Jan 2013, 8:40am PST   118 views   0 comments   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://lansner.ocregister.com/2013/01/03/looking-to-spend-why-you-should-think-real-estate/168711/

From Freddie Mac’s weekly survey the 30-year fixed rate home loan improved to 3.34 percent and .7 point from last week’s 3.35 percent and .7 point. The 15-year fixed also dropped 1 basis point to 2.64 and .7 point from last week’s 2.65 percent and .7 point. The 5-year ARM moved up 1 basis point to 2.71 percent and .6 point from last week’s rate of 2.70 percent.

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