Smart Borrower Blog

Archive for July, 2008

A Drop In Mortgage Rates

Jul 4th, 2008 @ 4:56 PM by Alden Smith

Thirty year fixed rate mortgages see a drop this week after rising for five straight weeks. The national average for 30-year fixed-rate mortgages fell to 6.35% from 6.45% a week ago. The 30-year loan averaged 6.63% last year at this time. 15-year fixed-rate mortgages dropped to 5.92 percent from 6.04 percent. This of course does […]

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