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Archive Home > 2008 > September > 14 > 30-year mortgages lowest since April

30-year mortgages lowest since April


September 14, 2008

Rates on 30-year mortgages dropped sharply last week, falling to the lowest level in five months, as the government’s takeover of mortgage giants Fannie Mae and Freddie Mac had the hoped-for impact of lowering mortgage rates. Freddie Mac reported that 30-year, fixed-rate mortgages....

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