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Mortgage rates down after takeover – bankrate.com

Mortgage rates fell abruptly Monday, a day after the federal government announced that it was taking control of home lending giants Fannie Mae and Freddie Mac.
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Posted by Imax | 83 days ago Category: Real estate news | Tags: mortgage rate drop

Comments

Written by fiddler 81 days ago  0 points    
This is a great opportunity if you are looking for refinance. The low mortgage rate simple won't remain for ever and the rates will soon go back up.
It is much harder to get a loan this days so this is great news for people with good credit.

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