See Freddie Mac’s news release:
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Thursday, June 24, 2010
Mortgage Rates at 4.69%
Freddie Mac reported today that mortgage rates have dropped to 4.69% - the lowest rate on record (dating back to 1971)! Combined with affordable home prices there hasn’t been a cheaper time to buy real estate in recent memory. With low carrying costs, it also is a prime opportunity to purchase rental or cash flow properties.
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