Interest Rates Moving Back Down (a Little)

Published 17 May 11 09:19 AM | Greg McCoy 
After a period of several months in which interest rates having been moving somewhat, they now seem to be in a bit if a downward move.  Rates for a 30 year fixed mortgage had topped 5% for awhile, but are now back down to around 4.5%.  With the large inventory of houses on the market, this continues to be a great time to buy a house!

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