Home Mortgage Rates Drop to a Record Low

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Now onto the blog! Home Mortgage Rates Drop to a Record Low - The Tennessean

The Tennessean Newspaper reports that home mortgage rates have dropped to a record low of 4.56% for a fixed rate 30 year loan. According to Fannie Mac, this is the lowest mortage rate since 1971! Good news for the real estate market. The full article can be seen at http://www.tennessean.com/article/20100722/BUSINESS01/100722009/Mortgage-rates-hit-new-record-low .

Thank you,

Richard Acree

Comments in this blog posting are the copyrighted intellectual property of Richard Acree, President, HABITEC Home and Building Inspections, LLC, and contributing members of the Active Rain Real Estate network, and are intended to educate and otherwise assist home owners, sellers and buyers, building owners, sellers and buyers, realtors, real estate investors, property managers, and lenders in the process of owning, buying or selling homes or commercial buildings. HABITEC is a residential (home) and commercial building inspection company serving Middle Tennessee including Nashville, Brentwood, Franklin, Murfreesboro, Smyrna, Mt. Juliet, Hendersonville, Dickson, Belle Meade, Columbia, Spring Hill and more! In addition to building inspections HABITEC offers Environmental Services for mold assessments, radon testing and water quality analysis. Additional information about HABITEC can be found on our website at http://habitecinspections.com, or call 615-376-2753.

Richard Acree is the author of the HABITEC Home and Building Inspections Blog and founder of the ActiveRain Group Tennessee Home and Building Inspectors. All are welcome to join and see more blogs like this one.