Thursday, January 29, 2009

Mortgage rates slip lower


The Primary Mortgage Market Survey averaged 5.10% this week for a 30-year fixed home loan product. This Freddie Mac index closed at 5.68% at the same time a year ago. It was a minor adjustment down from a week before, mirroring a weak economy and the government's involvement in buying mortgage-backed securities.
Photo by RyanGWU82

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