Freddie Mac

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Mortgage Rates: How Low Can They Go? 

Mar 26, 2009By

Mortgage rates fell once again in the week ending March 26, hitting another record low, according to Freddie Mac’s [stock FRE][/stock]  Primary Mortgage Market Survey released Thursday. 30-year fixed-rate mortgages averaged 4.85 percent with an average 0.7 point, down from last week’s 4.98 percent average, and clearly below the average last year at this time — 5.85 percent.

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