MORTGAGES / Overseas worries sink 30-year fixed rates
May 17, 2010 by
Filed under mortgage rates
MORTGAGES / Overseas worries sink 30-year fixed rates
Mortgage rates fell last week to the lowest level of the year, as rates fell on U.S. government securities. Fixed mortgage rates closely track interest rates paid on long-term Treasury bonds. The average rate on a 30-year fixed rate mortgage dipped to 4.93… Mortgage – Fixed rate mortgage – Business – United States Treasury security – Interest rate
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