Thursday, October 14, 2010

Mortgage Rates Drop to 1951 Levels

The LA Times: Money & Company Blog is reporting that mortgage rates have continued their decline to record lows according to Freddie Mac's survey of lender offering rates.

The 30-year fixed-rate loan dropped to an average of 4.19% this week from 4.27% in the previous week.

Link to the full article: Freddie Mac: Mortgage rates drop again, now at 1951 levels

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