Low Mortgage Rates

Why mortgage rates been low lately? And what are the determinants of the rates?
We are planning to refinance our house, and we have an idea about when to lock a rate and get a form for bank loans.
The rates were lower because the market has been slower. Now (between Thanksgiving and Christmas) is always the best time to buy or refinance. Rates are generally lower at this time of year.
Record low mortgage rates
September 27th, 2004 in
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