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Mortgage rates drop to 37-year low

01/01/09 23:57

This may be the time to refinance your home mortage. According to Frannie Mae's recent survey of mortgage rates, rates for thirty-year fixed-rate home mortgages dropped to its lowest in 37 years. It dropped to 5.10 percent this week, down from last week's 5.14 percent.

Read more: Mortgage rates drop to 37-year low [click]

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