30-year mortgage rates hit new record low
May 3, 2012
According to the’ Associated Press’, mortgage rates hit a new record low. The rate of a 30 year loan fell to 3.84% on Thursday, May 03. In addition, the 15 year loan also dropped to its record low of 3.07%.
The new rates should restore confidence for those who have been on the fence about purchasing a new home or refinancing their home.Houston economy, mortgage, mortgage rates
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This post was written by Sandcastle Homes