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What is going on with Interest Rate Down to 5% ?

Hey everyone. I’m not sure if you’ve notice what has been going on with the rates over the past couple days, but they are at 50 year lows!

Here is a quick blip from Josh Haywood, my mortgage guy at Met Life Home Loans.

“The Federal Reserve announced Wednesday March 18,2009 that over the course of 2009 that they will purchase an additional $750 Billion of mortgage backed securities in an effort to keep home loan rates low for new and move up buyers!!¬† Interest rates are at 50 year lows which means home loans have the lowest cost per dollar financed ever!”

If your thinking about Refinancing or buying a home you can’t beat these rates!

Contact Josh @

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