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OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

Daily Real Estate News  |  July 10, 2009  |   Mortgage Rates Drop This Week
Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac.
  • The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago.
  • The 15-year mortgage declined to 4.69 percent, down from 4.77 percent.
  • Five-year ARMs were down to 4.82 percent from 4.88 percent.
  • One-year ARMs fell to 4.82 percent from 4.94 percent.

Source: Los Angeles Times (07/10/09)

© Copyright 2009 Information Inc.

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