Thursday, April 05, 2007

 

Rates inch higher

Mortgage interest rates for a 30-year fixed rate mortgage are around 6.25 percent, according to bankrate.com. Rates for a 15 year fixed rate mortgage are around 5.97 percent.

That's a pretty good rate if you are looking to buy a house. The low interest rates are prompting a lot of people to get back in the home-buying market.

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