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Real Estate Briefing - Categorized | Market Moves, Mortgage more

Mortgages rates keep falling: 30-year nears record low

Posted on 12 August 2011

Just when it seemed mortgage rates weren’t going to get any lower, they started testing new lows.
In the tumultuous days following Standard & Poor’s debt downgrades, rates on 30-year fixed mortgages fell to 4.32%, down from 4.39% last week and closed in on a record low of 4.17% set last November, according to Freddie Mac’s Primary Mortgage Market Survey……………………………………….Full Article: Source

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