'30-year fixed mortgage rate fell'

30-year fixed mortgage rate fell

02/19/09 17:55

Freddie Mac gave homeowners a chance to refinance their loans as the rate on 30-year fixed mortgage fell to 5.15 percent this week from 5.25 percent last week. The figures can be translated to about $188 on a $200,000 loan according to Freddie Mac's chief economist Frank Nothaft. More details on Associated Press, link below

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