Mortgage rates remain near record lows

Posted by Bonnie Martin Designated Broker on Thursday, October 18th, 2012 at 1:32pm.


money.cnn.com -- Rates on the average 15-year, fixed-rate mortgage hit a new low this week, falling to 2.66%, according to mortgage giant Freddie Mac.

The 15-year is particularly popular with homeowners who want to refinance their old mortgages to a lower rate and pay off their loan more quickly.

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