Friday, January 13, 2006

Mortgage rates fall!

Bankrate.com reports that for the week ending January 11, "The average rate for the 30-year, fixed-rate mortgage dropped this week to its lowest level since October, while the popular 5/1 adjustable-rate mortgage went up...The benchmark 30-year fixed-rate mortgage fell 5 basis points to 6.22 percent."

To read more, and see current mortgage interest rates, go here: mortgage interest rates.

For those of you thinking about buying or refinancing, there may still be opportunities for you.

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