Tuesday, January 31, 2006

January Roundup

Mortgage rates were up slightly at the end of this month. Yet from a historical point of view mortgage rates are still very low. Freddie Mac Chief Economist pointed out that favorable loan rates continue to fuel the housing market. According to HSH Associates, a publisher of mortgage data, HSH says. "Truly, we have enjoyed a remarkable run with interest rates, and there are no current signs that the end of low rates are near."



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