t:(978)496-2090 f:(978)496-2002

Federal Home Loan Mortgage Corporation chief economist Frank Nothaft has noted that 30-year fixed rate mortgages dropped below 4% in mid-October, their lowest since 2013.  They remain at 3.99% as of November 21, signaling a strengthened purchase mortgage market.  Closing Attorney Rick Dunn forwards the following link:  http://realtormag.realtor.org/daily-news/2014/11/21/spread-word-mortgage-rates-below-4 for further information.

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