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Archive for December, 2008

December 9th, 2008

Fix Rate Mortgages Drop To 2003 Levels!

by Skye Bruce Properties

Richmond area mortgage lenders are reporting that rates moved even lower last week, helped by economic weakness and recent actions by the Fed and the Treasury. Conforming fixed-rate mortgage rates dropped to levels last seen in 2003. According to Freddie Mac, the weekly decline in rates was the largest since 1981, over its Wednesday to Wednesday measurement period. Read the rest of this entry »

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Skye Bruce Properties is focused on creating the best home buying and selling experience available in the Richmond area and developing tools to help people make smarter real estate decisions. We believe the real estate experience will continue to change dramatically and that bringing together local and national information, community insights and professional advice in this BLOG is an important service. We hope you find this BLOG a helpful resource. You deserve access to the best information and the most effective real estate advice and services available. Please join our community by subscribing to this BLOG, commenting on articles, making suggestions and following us on Facebook and Twitter!

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