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Friday, February 20, 2009

Loan rates fall again

More good news for potential buyers and home owners looking to refinance ... mortgage rates fell across the board this week. The 30-year fixed-rate mortgage averaged 5.04 percent this week, a drop from last week's 5.16 percent. Last year at this time, the 30-year rate averaged 6.04 percent, according to Freddie Mac.

Lower loan rates can save you even more than lower home prices. Give me a call and I can help you do the math! 206-708-9800.

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