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Memphis Interest Rates

By
Real Estate Agent with Kendall Haney Realty Group

I just got an e-mail from the several banks that I work with.  It is very good what we are seeing in terms of interest rates in the area.  The highest rate that I am seeing from Magna Bank is 5.125% on a 30 year conventional loan.  FHA is running in the high 4% range up to the very low 5%.

This is a great time to buy!

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