Mortgage Rates Are Down



CNN - By : Staff Reporting

Mortgage rates have hit an all-time low.

That's coming from a weekly mortgage market survey from Freddie Mac.

The new numbers show the rate for a 30-year, fixed-rate loan dropped to 3-point-62 percent. The 15-year fixed rate fell to 2-point-89 percent, that means if you're looking to take out a home loan for 200-thousand-dollars, your mortgage payment will run you an estimated $911.00 a month.

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