[Overseas Property Forum NEWS] Mortgage Rates Remain Relatively Stable, Again

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Mortgage Rates Remain Relatively Stable, Again


"Low employment growth in April - the slowest pace since November
2004 - and downward revisions to both February and March job growth
tempered market concerns of future increases in the rate of inflation,"
said Frank Nothaft, Freddie Mac vice president and chief economist. "As a
result, mortgage rates were little changed this
week."

The Mortgage Bankers Association's Weekly Mortgage Applications Survey
for the week ended May 11 showed a little more definitive movement...


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http://www.MortgageNewsDaily.com/5162007_Mortgage_Rates.asp