Rates Slip to Six Week Low
Posted on May 10th, 2010 by jason
Rates for 30-year fixed mortgages have fallen to their lowest level in six weeks. The average rate for 30-year fixed-rate mortgages was 4.875% this week, down from last week when it averaged 5.06 percent. A year ago, 30-year fixed rate mortgages averaged 4.84 percent,and many mortgage analysts expected rates to trickle up this Summer, but [...]
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