See on Scoop.it – Charlotte Real Estate
The average 30-year fixed rate mortgage fell to 4.37 percent for the week ending July 18, as Federal Reserve Chairman Ben Bernanke helped ease market concerns about the U.S. central bank tapering its monthly $85 billion bond purchases.
Debe Maxwell www.iCharlotteRealEstate.com‘s insight:
Before the Senate Banking Committee on Thursday, Bernanke said the Federal Reserve is watching mortgage rates and home affordability.
"There’s still a significant part of the population that is having difficulty accessing mortgage credit," Bernanke said.
See on abcnews.go.com