Potential homebuyers will be happy toknow that mortgage rates have dropped for yet another week, while credit card shoppers can happily take advantage of a new database offered by the Fed thathelps compare terms and prices. Also,those whoare intosaving money might be able to take advantage of Wal-Mart’s $97 iPhone.
Mortgage Rates Continue to Fall
If you’re on the market for a new house and didn’t get to take advantage of the First Time Home Buyer tax credit, maybe benefiting from low mortgage rates could help you instead.
According to real estate websiteZillow.com, mortgage rates for 30-year fixed mortgages had dropped to 4.61 percent on Tuesday afternoon from 4.70 percent while 15-year fixed mortgages were sitting at 4.10 percent, down from 4.13 percent the week prior.

May 29th, 2010
Ryan Parker 
Tags: Credit Card, Database, Mortgage Rates