Thursday, May 10, 2007
Rates in Orangeburg SC holding
In the past eight weeks, the average rate on a 30-year fixed has been as low as 6.19 percent and as high as 6.29 percent. Rates rarely remain in such a narrow range for two months. They have been static because economic news has been pulling equally in two directions. The low unemployment rate and bigger paychecks tend to push interest rates higher, while the faltering real estate market and slowing productivity tend to pull rates lower.
Labels: homes in Orangeburg SC
