La Jolla Real Estate - Mortgage Rates Fall to 3-Month Lows

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August 27, 2007

Mortgage Rates Fall to 3-Month Lows
This week, Freddie Mac reported that the rate on 30-year fixed rate home loans dropped to 6.52% from 6.62% just one week ago.

That rate is that lowest in three months. Interest rates on 15-yr fixed mortgages fell to 6.18% form 6.3% one week ago.

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