Mortgage rates slide to lowest levels of year so far

Posted on: Tue, 05/17/2011 - 23:07

TrustPoint

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Mortgage rates slide to lowest levels of year so far

On cusp of peak buying season, 30-year loan drops to 4.63%. Read the whole story from msnbc.com here:

http://www.msnbc.msn.com/id/38770102/ns/business-personal_finance/

Generally speaking, interest rate fall to these extraordinary levels when something is bad in the economy. Lower rausuallyally mean lower demand. Just be careful with your REI business.

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Mortgage rates slide to lowest levels of year so far

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