Monday, November 28, 2005

Mortgage rates decline

Bankrate.com reports that as of November 23, "...30-year fixed mortgage rates fell for the first time since August. They had either risen or remained unchanged for 11 weeks in a row. A mixed bag of economic data, including a slowdown in housing starts, led to the decrease in rates."

Where are rates now? "The benchmark 30-year, fixed-rate mortgage fell 10 basis points to 6.32 percent".

To read more: Mortgage rates decline

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