Personal Finance Advice and Commentary

Monday, October 10, 2011 4:59 pm
By Judy Martel · Bankrate.com

Mortgage rates hit a new record low in last week’s Bankrate survey, but homeowners still aren’t biting, as proven by a drop in applications for new mortgages and refinance loans. Homebuyers are holding back, for sure, as home prices keep falling and lenders continue their reluctance to extend a mortgage to anyone without stellar credit