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Mortgage rates tumble back into record territory

Mortgage rates fell this week, with the 15-year fixed rate hitting yet another record low, amid news of weak job growth during the month of March.

Borrowers seeking 15-year mortgages, a popular choice for those looking to refinance, were rewarded with an average interest rate of just 3.11% this week, down from last week’s 3.21% and more than one percentage point lower than a year earlier, according to Freddie Mac (FMCC, Fortune 500)’s weekly mortgage rate survey.  Read More

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Posted on April 13, 2012, in Uncategorized and tagged , , , . Bookmark the permalink. 1 Comment.

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