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2012-04-13 13:15:36
Mortgage Rates Down again!


The average 30 year rate dropped this week to 3.88 percent from 3.98 percent,
very close to its own record low of 3.87%, set back in February.
Last year at this time, the average 30-year FRM interest rate was 4.91 percent,
according to Freddie Mac’s weekly “Primary Mortgage Market Survey.
While 30 year fixed-rate mortgages are more popular, low mortgage rates have
made 15-year notes more realistic for some homeowners making refinancing a
bargain for those who can qualify.
The 15-year mortgage, fell to a low of 3.11 percent from 3.21 percent last week.
The previous record of 3.13 percent was hit last month.

To view more rates Click Here










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