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Mortgages : Mortgage Rates Drop, Some To Lowest Levels In Serveral Months

Blogger : Mortgage News Daily - Mortgage and Real Estate News
All posts : All posts by Mortgage News Daily - Mortgage and Real Estate News
Category : Mortgages
Blogged date : 2007 Mar 07

Mortgage interest rates slipped for the second week in a row last week, with some rates reaching 2007 lows.

The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 2 showed a substantial drop in all contract rates and a strong up tick in mortgage activity.

Mortgage applications increased...

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