In Freddie Mac's results of its Primary Mortgage Market Survey®, average fixed mortgage rates again reached new record lows. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent and 15-year fixed-rate mortgages are also slightly down at 3.04 percent.
Are we really poised for a recovery in the housing market? The latest encouraging words from the U.S. Conference Board's Demand Institute Division are that we are heading for a rapidly accelerating rental market which will lead to a housing recovery.
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