Thirty-Year Rate Drops to Its Second Lowest Point

European concerns’ effect on the larger market drove the average weekly rate for a 30-year fixed rate mortgage down to 4%, a level Freddie Mac said is the second-lowest ever.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_468/thirty-year-rate-drops-1027301-1.html

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