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Mortgage Update--March 26, 2009

Interest rates are still around 4.65 % which is great and all buyers should be taking advantage of this low interest rate. House values have fallen in the last year so more folk should be able to qualify for homeownership. Even though our economy grew by 1.1 percent all of last year this year could be better. Last month home sales increased which is encouraging for all of us.

Posted Thursday Mar 26