Not a bad time to finance a house purchase. A 30-year fixed was averaging 4.42 percent for the week ended Aug. 19. That's the lowest level since Freddie Mac began monitoring rates in 1971. A year ago, a 30-year fixed was at 5.12 percent. By the way, the Census Bureau is out with a report showing that 24 million homeowners had primary mortgage rates above 6 percent in 2009. Here's the link - scroll down to "mortgage characteristics."
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