REALTOR® Magazine-Daily News-30-Year Rates
March 10th, 2009
“The 15-year fixed mortgage this week averaged 4.72 percent with an average 0.7 point, up from last week when it averaged 4.68 percent. A year ago at this time, the 15-year FRM averaged 5.47 percent.”
via REALTOR® Magazine-Daily News-30-Year Rates Inch Up from Last Week.
Rates are Great, yet I think they will continue to go down a bit over the next few months. Hopefully with the rates decreasing, the tax credits available, and the loan modifications that are starting to take place – we will be able to stop the housing market from falling any lower.
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Thank you!