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Mortgage Rates Down to New Record Low

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Realtor Magazine and their article "Mortgage Rates Fall into Record-Breaking Territory" reports that Freddie Mac has provided us with new number concerning the fixed rate mortgage rates where it dropped to new record low this week. The previous record low for the 30 year fixed was 3.36 percent and this one is now down to 3.34 percent. The 15 year fixed was down to 2.66 percent but is now down to 2.55 percent.