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Mortgage rates dropped to the lowest level in three months!

The December 13, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.63%, down from 4.75% last week. The 15-year fixed was 4.07%, down from 4.21% last week. The 5-year ARM was 4.04%, down from 4.07% last week. Rates ended the week even lower.

That’s fantastic news and with prices stable, it’s time to buy, buy buy!!!

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