Mortgage rates are sharply lower on news of a weakening job market, with the 30-year fixed loan averaging 3.88% this week and the 15-year fixed at a record low of 3.11%, according to Freddie Mac.
Mortgage Rates Drop, Freddie Mac Says; 15-year Fixed At Record Low
By E. Scott Reckard, Los Angeles Times
Thu, 04/12/2012 - 7:56am
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