Friday, November 30, 2007

30 year mortgages at 2-year low

Most mortgage rates fell this week, with those on 30-year mortgages dropping to their lowest level in more than two years, Freddie Mac reported. Thirty-year fixed-rate mortgages fell to 6.10 percent from 6.20 percent last week. This week's rate was the lowest since the week of Oct. 13, 2005, when rates stood at 6.03 percent, according to the Union-Tribune.

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