A down to earth look at real estate issues in
Northern New Jersey with an environmental twist.
Thursday, December 18, 2008
Is THIS as Low as it Gets?
At 4.74%, Zillow's update yesterday reached the lowest level for 30 year mortgages anyone around here can remember. We suspect the stampede to refinance had something to do with the bump up to 4.94 today. With the Fed rate virtually ZERO, we may have just about hit bottom.