Monday, August 16, 2010

CNN Money Report:The wasted 4.44% mortgage rate

Historic Low Mortgage Rates, Ample Inventory,  Where is the Boom?

















 

by Nin-Hai Tseng, reporter

FORTUNE -- It appears even the bright spots of this tired economy are still working against heavily indebted homeowners. Mortgage rates have hit new lows nearly every week, but many borrowers are still unable to take advantage of them.
Like it is in so many parts of today's sideways economy, relief is out of reach. Stimulus dollars are everywhere, but somehow never where they're needed most. CLICK HERE FOR FULL ARTICLE

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