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IPFS News Link • Housing

Average Mortgage Rate Hits 5%, Lowest in Decades

1-9-2009 • Washington Post

What is not clear, however, is whether rates are attractive enough to lure a significant number of home buyers back into the ailing housing market. Interest rates on conforming mortgages dropped to an average of 5.01 percent for the week ending Jan.

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Reported By Powell Gammill

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Average Mortgage Rate Hits 5%, Lowest in Decades

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