Written by SwingSign Corporation | 13 January 2012

With property values across the country at depressed levels and interest rates dancing around historical lows for months now, housing affordability has hit an all-time high. That affordability inched even higher this week, as mortgage interest rates broke through their previous record-lows to fall further still. Freddie Mac says all loan products covered in its regular weekly market survey eased to set new all-time lows for the week ending January 12. The 30-year fixed rate is now at 3.89 percent.