Mortgage Rates Remain Low

Low interest rates and decreased home values continue to indicate that it is a buyers’ market.  Based on survey data by Freerateupdate.com, “conforming 30 year mortgage rates remain at 4.625%, 15 year fixed mortgage rates are at 3.750% and 5/1 adjustable mortgage rates are at 3.000%”. FHA and 30 year jumbo mortgage rates also remain low. http://bit.ly/htzH5g

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