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Mortgage rates drop to record low

Tuesday, April 21, 2009

Rates on 30-year, fixed-rate mortgages averaged 4.85 percent for the week ending March 26, following an announcement by the Federal Reserve that it is launching a new effort to assist the U.S. housing market. The rate marked a record low in the history of the Freddie Mac survey. The previous low was 4.96 percent set during the week of Jan. 15.

To read the full story, http://takeaction.realtoractioncenter.com/ct/v1Sgy951oERI/

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One Response to “Mortgage rates drop to record low”

  1. Jessica W. on June 2, 2009 at 5:54 am

    Long live a great deal! In this day and age I could use all the help I can get. Thanks for the help!