Why China Economy's Loss Is U.S. Homebuyers' Gain

Financial turmoil in China is turning into a boon for U.S. homebuyers as mortgage rates tumble to three-month lows. The average rate for a 30-year fixed mortgage fell to 3.83% on Wednesday, down from 4.26% three weeks ago and the lowest since May 8, according to data from Bankrate (RATE). The average 15-year fixed rate declined to 3%, also a three-month low. Jumbo borrowing costs, for high-balance home loans, are at 4.26%, the

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

China [+]    May 8 [+]    Bankrate [+]   

More #news: