Rate on 30-year mortgage falls to record low

30 year fixed rate 3.66%
15 year fixed rate 2.95%

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America's Fastest Growing Housing Markets

#4 Coeur d’Alene, ID by 24/7 WALL ST WIRE > Expected price increase: 3.8% > Unemployment rate: 8.9% > Change in home prices (2010Q4-2011Q4): -4.5% Coeur d’Alene, located in northern Idaho, is one of the smallest and most remote metropolitan area in the country, with a population of just over 140,000 residents. It is, however, located next to the much larger Spokane, Washington, across the state border. Home prices in the region fell 27.1% during the recession from their peak in the third quarter of 2007. In the past three years alone, prices fell more than 8% each year. The area is projected to experience a substantial housing recovery over the next half-decade. Between the end of 2011 and the end of 2016, Fiserv estimates home prices will increase 4.5% each year.http://247wallst.com/2012/05/08/americas-fastest-growing-housing-markets/