Thursday, December 29, 2011

Freddie Mac: Mortgage Rates to Stay Low in 2012

Right now, those rates are as low as they've ever been. The
BankingMyWay Weekly Mortgage Rate tracker stands at 4.125% for
fixed 30-year mortgages and 15-year mortgages are a bargain at
3.5%, with the five-year adjustable-rate mortgage at 3.01%. Those
rates are low enough, but the chief economist at Freddie Mac says
that's right where they'll stay ... (more)

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