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2015-01-08 07:32:51
Mortgage Rates Hit 19-Month Low

The 30-year fixed-rate mortgage hit a 19-month low this week at 3.58%. That's down from 3.72% the week prior and 4.35% on Jan. 6, 2014.

Most potential homebuyers get excited about news like this. They should: The lower the interest rate your mortgage carries, the more manageable your monthly payment will be and, potentially, the more you can afford to borrow.

However, doesn't expect rates to keep sliding.

Provided by,

Doug Spiers / Principal Broker
Elite Choice Real Estate
1436 South Legend Hills Drive Suite 311
Clearfield, Utah 84015
Direct (801) 726-7173
Email: DougSpiers@aol.com
ViewAndSearch.com

“The highest compliment I can receive is the referral of your friends, family and business associates. Thank you for your trust and confidence.”

 
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