Mortgage Rates are going down , down, down…..

Jan 5th 2009

Related Posts: Credit & Finance, Real Estate News

hi

Rates on 30-year mortgages fell to a record low for the third straight week, to an average 5.1 percent, and borrowers took advantage of the drop, sending new applications soaring. Mortgage rates have plunged by about 1.3 percentage points since late October.

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