Mortgage rates drop

(01:34) Report

Dec. 31 - Mortgage rates are at their lowest levels in 37 years.

Homeowners may be able to take advantage of the lowest mortgage rates in almost 4 decades. Interest rates are getting close to 5 percent, and a Federal Reserve plan could bring them even lower in the New Year. Makaiya Brown reports from New York.

Featured Videos

Top News
Embed this channel:

Politics
Embed this channel:

Entertainment
Embed this channel:

Oddly Enough
Embed this channel:

Business
Embed this channel:

Credit Crisis
Embed this channel:

Technology
Embed this channel:

Lifestyle
Embed this channel:

Environment
Embed this channel:

Most Popular
Embed this channel:

Most Recent
Embed this channel: