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    « Prices Should Stabilize | Main | Home sales contracts rise for 8th straight month »
    Monday
    Nov092009

    Low Rates!

    DateMonday, November 9, 2009 at 10:29PM

    Rates for 30-year home loans dropped below 5 percent this week after rising for three straight weeks.

    The average rate fell to 4.98 percent from 5.03 percent a week earlier, mortgage company Freddie Mac said Thursday.

    Rates had hovered below 5 percent for nearly a month until inching upward two weeks ago. They hit a record low of 4.78 percent in the spring, but are still attractive for people looking to buy a home or refinance.

    What a perfect time to buy!  Low rates, tax incentives and lots of inventory!  If you would like to find out what you qualify for please give me a call 317-846-FAST (3278)

    AuthorBeverly Fast Sinclair | CommentPost a Comment |

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