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Mortgage interest rates have been better (3.3%) and worse (4.6%) in the past three years

Mortgage Interest Rates

Mortgage interest rates (for a 30 year fixed rate mortgage) have varied from as low as 3.3% to as high as 4.6% over the past three years.  Current rates are hovering right around 4% -- which is higher than they have been recently, but is still absurdly low within a longer-term context, providing buyers with a great opportunity to lock in their housing costs for the long-term.
 

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