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Mortgage Rates Set Another New Low 

Jan 08, 2009By

Mortgage rates are on a roll — downward, that is — for the tenth consecutive week, Freddie Mac [stock FRE][/stock] reported Wednesday. 30-year fixed-rate mortgages averaged a shockingly low 5.01 percent with an average 0.6 point this week, down from 5.10 percent last week and 5.87 percent a year ago.

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Updated 11 months ago