MORTGAGE HEADLINE:

Mortgage rates at 37-year low
Freddie Mac says mortgage rates at 37-year low, spurring historic refinancing opportunity
Alan Zibel, AP Real Estate Writer
Thursday December 18, 2008, 10:19 pm EST
Yahoo! Buzz Print Related:Bank of America Corporation, Citigroup, Inc., Fannie Mae
WASHINGTON (AP) -- Rates on 30-year-fixed mortgages dropped this week to their lowest levels in at least 37 years, as the Federal Reserve pledged to pour money into the mortgage market in an effort to spur the moribund U.S. housing market.

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