Freddie Mac 30Y Rate Hits All-time Low of 2.81% (5/1 ARM Rate At 2.9%)

by confoundedinterest17

Chubby Checker would be proud! How low can we go?

Freddie Mac just reported that the 30-yr fixed-rate mortgage rate just hit an all-time low of 2.81%. Even lower that the 5/1 ARM rate of 2.9%.

But before you start to celebrate … M2 Money volatility is at its lowest EVER.

I still can’t believe that I used to play golf with these butter knives posing as irons. I just liked the bird on the ball.