For more news and videos visit ☛ ‪english.ntdtv.com Follow us on Twitter ☛ ‪http Add us on Facebook ☛ ‪facebook.com And now we turn our attention to the housing market in the US where there’s some good news for homebuyers. Mortgage rates have fallen to a record low. Here’s more. In New York today, the benchmark 30-year fixed rate mortgage hit a record low for the fourth week in a row. According to Bankrate.com’s weekly national survey, the mortgage index dropped by 3 basis points to 4.32 percent. It added that this is the lowest level the fixed rate has reached since Bankrate started the weekly mortgage survey nearly 26 years ago. Over the past year the mortgage index has dropped 9 basis points. From 4.54 percent one year ago to 4.45 percent four weeks ago. And now it’s at an all-time low of 4.32 percent. For those looking to get a good property this could mean the right time to spend. [Taisha Hutchison, Private Bank Employee]: “When I’m in the business of looking for a property of my own, I’d look for a good value. So it’s a good buyer’s market but not a great seller’s market.” As mortgage rates creep down again this week, investors worry about the shaky US economy and are keeping their eyes on Europe’s remaining debt problems. [Guy Maine, Australian Tourist]: “It brings a nervousness in to the whole finance and banking arena around the world. And we’ve just been in Paris. There’s a lot of nervousness about the French banks and the contagion that might spread to the … …

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Mortgage Rates Hit All-Time Low 4th Time in a Row