Social Policy and Change

C.L.I.C.K. for Justice and Equality is an agent of communication alerting our social community of injustices and inequalities among the socially disadvantaged and disenfranchised individual. C.L.I.C.K. developed and created this website to assist the socially disenfranchised or disadvantaged individual in litigating their issues in Federal and State courts.

Tuesday, May 15, 2012

Second week in a row: Freddie Mac announces a new record low interest rate

The National Memo
After hitting record lows the previous week many mortgage experts believed that rates had bottomed out. That prognostication, however, turned out to be inaccurate and on Thursday mortgage buyer Freddie Mac announced a new record low interest rate. Both the 30 year and 15 year fixed mortgage rates hit record lows for the second week in a row.

The low rate scenario along with Obama's HARP program that makes it easier for Americans to qualify for a refinance loan makes this an ideal time to shop for a new mortgage.

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