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Mortgage Rates Hit 41/2 Year low Today

http://money.cnn.com Posted by Boomerang 1257 days ago

Mortgage rates fell again this week, following the government's efforts to assist the troubled housing market. Government sponsored mortgage lender Freddie Mac said Thursday that fixed rates on 30-year mortgages averaged 5.47% for the week ending Dec. 11. That's down from 5.53% last week and well below 6.11%, which is where the rate stood at this time last year.

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