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Mortgage rates at 37-year low |
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arwendt
MUSA Official Joined: May 17 2007 Location: United States Status: Offline Points: 588 |
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Posted: Dec 18 2008 at 6:39pm |
The rate will not help if no one has a job.
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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my Words of Freedom website.
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Middletown News
Prominent MUSA Citizen Joined: Apr 29 2008 Location: United States Status: Offline Points: 1100 |
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Freddie Mac says mortgage rates at 37-year low, spurring historic refinancing opportunity
Freddie Mac, the mortgage company, reported Thursday that average rates on 30-year fixed-rate mortgages dropped to 5.19 percent, down from the year's previous low of 5.47 percent, set last week.
The rate is the lowest since Freddie Mac's weekly mortgage rate survey began in April 1971. |
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