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Archive Home > 2009 > March > 29 > Mortgage rates drop to record low

Mortgage rates drop to record low


March 29, 2009

WASHINGTON — Rates on 30-year mortgages fell last week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market. Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages dropped....

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