Sep 8, 2011 10:06AM Fannie Mae's National Housing Survey for August indicates that Americans are growing more pessimistic about the economy, home prices and their own personal finances. More than three-quarters of those responding to the survey said that the economy is on the wrong track, up from 70 percent in July and the highest percentage in over a year. One year ago the figure was 60 percent. Sixteen percent think it is on the right track compared to 23 percent one month earlier and 28 percent in August 2010. According... Sep 8, 2011 5:10PM After a fairly uneventful day yesterday, Mortgage Rates improved today. In some cases BestExecution rates may be lower, but in most cases, the improvements will be seen in the form of lower closing costs for the same rates available yesterday. Guidance below is unchanged from yesterday's, but we made a few updates to the current market rates below. CURRENT MARKET *: The BestExecution 30-year fixed mortgage rate is now solidly at 4.125% . Several lenders are willing to offer lower rates , but in most...
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