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May 09, 2005
Mortgage Rates Continue Decline
"Long-term mortgage rates, which dropped again for the fifth consecutive week, remain low enough to keep refinancing activity a viable option for many," said Frank Nothaft, vice president and chief economist at Freddie Mac. "Not only can homeowners take some equity out of their home, many may also be able to lower their mortgage rate at the same time," he said.
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Posted on May 9, 2005 06:39 PM by Mortga80.
Filed in Mortgage Calculator under mortgage rates.
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