Why are long-term interest rates declining?

The 30-year fixed is at 5.09%, and what does this mean for now? It means a reduction in your monthly mortgage payment, and this is a great time to take advantage of that. Click here for Bankrate.com's analysis, but see me, your Realtor, for how to take advantage of this great opportunity. At a time when adjustable rate mortgages make up 63% of new loans, take advantage of getting a fixed rate loan at the lowest rates ever.