Tuesday, January 3, 2012

LA Times: Record low mortgage rates have not rescued housing

Real estate experts commenting for an article in the Los Angeles Times, including Freddie Mac and Mortgage Bankers Association executives, commented that historically low interest rates are not enough and that mortgage applications fell in 2011.  Could it be the problem is in the big housing markets like Los Angeles?

Read the entire article in the LA Times by clicking here.

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