Mortgage and Real Estate Insight

I can remember back sixteen years ago when thirty-year mortgage rates fell below 7% sparking a flood of refinances. I also remember 2003 when rates dipped again and another "refi boom" ensued. So with thirty year mortgage rates now at their lowest levels in history, why are we not seeing the kind...

  Ah, that one beautiful day back in November when the Fed announced it would buy up to $500 billion of Fannie and Freddie debt in an attempt to drive long term mortgage rates lower. For a brief few hours, mortgage rates dipped below 5% and even touched 4.75% for a fleeting moment. Since then, ho...