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r Park g Fixedmortgagehouseloan gsearch averaged 3.92 percent, and a 15-year fixed mortgage averaged 3.20 percent.
Mortgage rates are low because they tend to track the yield on the 10-year Treasury note, which fell below 2 percent this week.
--The Associated Press
Yep,
but you didn't mention that this is caused by Congress!
Apparently, since the housing market is doing sooooo welll they decided to place a "loan fee" for 10 years on Fannie Mae and Freddie Mac loans to pay for: (traaaa drummmm)
two months of the "payroll tax cut"
that robs from Social Security to buy votes!
Since it is for 10 years, it encumbers any changes (elimination) of Fannie and Freddie!
Yes!
The Grandpa Baby Boomers are
borrowing their way to prosperity
while making sure the country is a push over when China comes to collect
with their moon base as the enforcer.
LOL in Oregon
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