Catherine Nesset's Real Estate News

Real Estate Outlook: Buyers Getting Message
July 21, 2009

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Continuing declines in mortgage rates and signs of home price pick-ups dominate this week's economic outlook for real estate. Fixed-rate thirty year mortgages averaged slightly over 5 percent last week, according to the Mortgage Bankers Association. Fifteen year rates averaged 4.6 percent. Both numbers are close to all time lows, and are buyers are getting the message.

Read the Full Story At:

http://realtytimes.com/rtpages/20090721_realestateoutlook.htm

Posted by Catherine A. Nesset on July 21st, 2009 10:56 AMPost a Comment (0)
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