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Friday, February 21, 2014

Mortgage Rates Creep Down Toward 4%

Mortgage rates have been sinking slightly every week so far this year! CNN Money suspects that the days of rock-bottom mortgage interest rates may not be numbered. On the week of Feb. 6, Freddie Mac reported that rates dropped 0.09 percent to 4.23% for a 30-year fixed mortgage. The year started at a 4.53% mortgage rate that has crept down with the continuation of 2014, with a total fall accumulating at 0.3%.

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