Mortgage Rates lowest in 8 Months !

Falling Mortgage Rates Raise Hopes for Housing.

Market Mortgage rates have fallen to around their lowest levels in eight months, offering a potential boost to the housing market after recent months.

The average rate for a 30-year fixed mortgage fell to 4.51%, matching the lowest level since last spring, according to data released Thursday by mortgage-finance giant Freddie Mac. That rate is still higher than its level of 3.95% from a year ago but has fallen from a more-than-seven-year high of nearly 5% last fall. #FallingMortgaeRates #SellHome #BuyHome