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David Sims is the managing member of RidgeHaven Capital LLC. We prefer distressed equities and value investing. The firm was established to manage wealth with an eye on fundamental value, but also an understanding of technical trends and market behavior. David is a Certified Public Accountant... More
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  • 30-Year Fixed Rate Mortgages Hit Record Lows Again 0 comments
    Jul 21, 2012 5:33 PM | about stocks: FMCC

    30-Year Fixed Rate Mortgages (NYSE:FRM) hit record lows last week, as reported by Freddie Mac. The 30-Year rate of 3.53% is the lowest ever recorded, making this one of the best times to borrow ever.

    (click to enlarge)

    Disclosure: I am long OTCQB:FMCC.

    Additional disclosure: Long GSE preferreds.

    Stocks: FMCC
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