Mortgage Rates fall ... (HomesPlus)

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Mortgage Rates fall ...

For those of you looking to buy a new home, there's some good news. Mortgage rates have fallen to their lowest levels in months. And it has a lot to do with the government's takeover of Freddie Mac and Fannie Mae.

According to Freddie Mac, the average 30-year fixed-rate mortgage fell this week to 5.93 percent. That's the first time since May the average has fallen below 6 percent.

You can read more on the story by clicking here.

Posted by HomesPlus on September 12, 2008 9:40 AM | Permalink

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