Monday, July 26, 2010

Mortgage Tools

Without a doubt, you have heard all about mortgage interest rates and how they are at a 50-year low. We have posted an article a few weeks back about what the low interest rates mean for buyers – Low Interest Rates – a Gift for Buyers?

I have recently found a great graphical tool to display just how low the interest rates have fallen. You can find the calculator online at:

Mortgage Rate Graph

The options for graphical analysis are many. You can observe rate trends for any number of years, both fixed and adjustable rate. You can also narrow it down to a specific region. Additionally you can graph it against a huge number of economic indicators.

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