Detailed text transcripts for TV channel - FOXNEWS - 20120621:23:15:00
>> shepard: good news for those looking to buy a home, bad news for those looking to sell. take a look at the good. freddie mac the rate for an average 30 year fixed mortgage this week dropped to new low of 3.66%. freddie mac has been keeping track since the 1950s. never seen this. if you can scrape together enough money for a down payment, now would be probably be a very good time to buy there is a flip side though. home sales reportedly dropped 1.5% during the month of may so reports the national association of realtors. sales are still up compared with last year. analysts say this latest re...