May 28, 2010

Weekly Mortgage Rates Continue to Decline

Interest rates continue to decline, setting new record lows in two weekly surveys. However, interest rates for five-year adjustable-rate mortgages (ARM) increased.

These low rates will help to elevate home-buyer affordability and soften the effects of the sunset of the home-buyer tax credit.

Read the HousingWire article by AUSTIN KILGORE

May 28, 2010 7:40:56 AM | Mortgages/Rates/Finance

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Minneapolis Realtor specializing in residential sales.

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