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Summary Box: Mortgage rates hit low at 4.56 pct.
05-27-2011
RATES FALL AGAIN: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.56 percent, down from 4.57 last week.
LOWEST IN DECADES, AGAIN: The week's average rate was the lowest since Freddie Mac began tracking rates in 1971 and marked the fourth time in five weeks rates set a record.
REFINANCING SHOWS LIFE: Brokers reported increased refinancing activity as homeowners sought to lower their monthly
LOWEST IN DECADES, AGAIN: The week's average rate was the lowest since Freddie Mac began tracking rates in 1971 and marked the fourth time in five weeks rates set a record.
REFINANCING SHOWS LIFE: Brokers reported increased refinancing activity as homeowners sought to lower their monthly
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Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of approximately 83,000 sales agents working in approximately 3,100 offices in 50 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.
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