Los Angeles
Real
Estate Agent & Agency Referral Service
Mortgage Applications and rates
down
Wednesday, November
24, 2004
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The real estate market typically
cools around the holidays, and can often provide a
mini-buyers market. This year looks especially good, as
rates are have again gone down.
According to MBA,
"Fixed 30-year mortgage rates averaged 5.64 percent
last week, excluding fees, down from 5.70 percent the
prior week."
Therefore, buyers have less competition and good rates
to work with this holiday season. |
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>>
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