Last December, the monthly mortgage rate for 30-year mortgages (conventional, conforming) was 3.96%, the lowest Freddie Mac has reported since it began keeping track in 1971. A year earlier, in December 2010, the comparable rate was 4.71%. You can access Freddie Mac's Primary Mortgage Market Survey Archives online here:
The archives contain weekly, monthly and annual historic data for fixed (15-year and 30-year) and adjustable rate mortgages. They will help you show clients today's historic opportunity to refinance an existing mortgage at lower rates, thus freeing up more cash flow for investment or insurance.
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