15-year fixed mortgage rates are below 3%

Fixed-rate mortgages are almost as cheap as the teaser rates on adjustable-rate mortgages of a few years ago.� The average rate on a 15-year fixed rate mortgage for today (November 15th, 2011) stands at 2.97%.� (Note: It was at the time I wrote this post.� Rates change all the time.)� Rates haven’t been this low [...]

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