Mortgage Rates Drop As “Recovery” Drowns In The Sea Of Central Bank Market Manipulations

"Anyone claiming that America's economy is in decline is peddling fiction." Barack Obama - SOTU January 2016 2016 has seen one of the worst starts to a year ever for major U.S. stock indices ever, and that means mortgage rates have continued to fall during the first two weeks of the year. For those who were rushing to lock in a sub-4 percent mortgage, there really was no need to rush. It is now easy to get a 3.75 percent fixed rate 30-year mortgage here in the Houston area. Mortgage rates are driven by demand [...]