Friday, October 21, 2011

Interest Rates

Freddie Mac said the average 30-year fixed mortgage rate decreased last week to 4.11 percent from 4.12 percent. Two weeks ago the rate fell to an all-time low of 3.94 percent. The average 15-year fixed mortgage rate increased to 3.38 percent from 3.37 percent. Just two weeks earlier it reached a historic low of 3.26 percent.

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