Interest rates

Interest rates remain near record lows

Freddie Mac reported on Thursday that 30-year fixed interest rates for mortgages remain below 5 percent (4.91). This is good news for buyers, of course, potentially saving them thousands in lower monthly payments over the course of the loan. This article in Realty Times has the comprehensive quote: "Interest rate on 30-year fixed-rate mortgage loans fell for the third consecutive week to the lowest...

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