Saturday, October 15, 2005

30-year mortgage rates rise above 6%

I am not planning to buy a house but if I were, I would consider buying it soon.
Even though the housing market is still too hot, the long-term mortgage rate is still at a multi-decade low. So for homeowners instead of speculators, it's still a good time to lock in for loan.
30-year mortgage rates rise above 6% - The Boston Globe

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