Friday, December 19, 2008

30-Year Fixed-Rate Mortgage at 37-Year Low

The benchmark 30-year fixed-rate mortgage tumbled to a national average 5.17% this week, the lowest level since Freddie Mac began its weekly rate survey in 1971. Go to for the whole story. It won't be long until the full effect is felt on the Outer Cape. 2009 is going to be a good year!

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