Barry Ripp ~ East Bay Area Real Estate » 2009 » April http://barryripp.com Realty World-Viking Realty "Family Owned since 1971" Wed, 28 Jul 2010 23:33:13 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Mortgage rates drop to record low http://barryripp.com/2009/04/21/mortgage-rates-drop-to-record-low/ http://barryripp.com/2009/04/21/mortgage-rates-drop-to-record-low/#comments Tue, 21 Apr 2009 18:55:41 +0000 Barry Ripp http://barryripp.com/2009/04/21/mortgage-rates-drop-to-record-low/ 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.

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