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Financial News



Jan. 9th, 2009 02:49:14 AM

30-Year FRM Rates: Who Says Lower Rates Won't Do Much Good?

At last! Lenders begin to offer 30-year fixed mortgages at rates below 5%:

Jill Pfeiffer, a mortgage broker in San Diego, this week obtained a 4.875 percent rate on a 30-year fixed loan for a homebuyer with a credit score above 750, she said in an interview.


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http://seekingalpha.com/article/113970-30-year-frm-rates-who-says-lower-rates-won-t-do-much-good?source=feed