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Archive for January 30th, 2009

Mortgage rates slide lower

NEW YORK (CNNMoney.com) — Mortgage rates fell over the past week, benefiting from the Federal Reserve’s pledge to take all necessary action to stimulate the economy. The average 30-year fixed mortgage rate fell to 5.48% from 5.59% for the week ended Jan. 28, according Bankrate.com. The average 15-year fixed rate mortgage slipped to 5.10% from [...]

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