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Rates Drop to 5.47%

Mortgage rates hit 4 1/2 year low.

Freddie says 30-year mortgage rates dropped to 5.47% this week, continuing to fall since the Nov. 25 Fed decision to buy $500B in mortgage-backed securities.

Posted by Shari Walker (LICENSED IN DC, MD, & VA) on 12/15/2008 08:57 AM

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Shari Walker (LICENSED IN DC, MD, & VA)

Washington, DC

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Long & Foster Realtors

Office Phone: (202) 944-9400

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