Mortgage rates hit a new low. Good for inspectors.

Mortgage rates hit a new low last week: Freddie Mac said the average for a 30-year fixed-rate loan was 3.91%. Such super-low rates and the resulting increased affordability of homes may spur more housing activity.

I think it has a lot to do with does the average consumer think it has hit bottom yet…myself I think not…

3.5% and I’m refinancing!

If Chairman Obama gets another term, the government will be paying US interest to buy a home (paid for by a tax on the rich of course).

http://www.linkedin.com/news?actionBar=&articleID=1004845435&ids=cjARc3sNdj4MciMUczkVe3sNcj0Nb38NdjoTc3gNc34IdjcQdjgUd30MciMMcz8Pd3sNc30N&aag=true&freq=weekly&trk=eml-tod2-b-ttl-1&ut=1uGOVbjA6b1R41

38% of all home sales in 2011 were paid in cash.