Mortgage Rates Down to the Low Levels
Continuing declines in mortgage rates — down to the lowest levels we’ve seen in nearly two years — should be brightening the outlook for anyone interested in buying or selling real estate.
Equally important: Federal Reserve chairman Ben Bernanke has strongly hinted that the Fed will lower short-term rates by at least a half percentage point at the end of January, and might lower rates again at its next meeting if needed.
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