Thursday, December 3, 2009

Rates on 30-year Mortgages Set New Record Low

U.S. mortgage rates dropped to a record low, smashing through a previous record set earlier this year, a closely watched mortgage survey showed Thursday. The lowest mortgage rates in decades and high affordability have also helped the hard-hit housing market find some footing this year after a three-year slump.
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Source: www.cnbc.com

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