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San Diego Real Estate … Are Interest Rates the Key?

Will historically low interest rates be the key to turning around or putting a bottom in place for the San Diego housing bust? Mortgage rates are near their lowest levels in nearly 40 years. Plus, the government wants to offer new borrowers a 4.5% mortgage rate as an incentive.

But, if you are unemployed or worried about your job, what the current mortgage rates are, is of little importance. *To read the full post and see a video on this, please visit the San Diego real estate market blog.

Posted by San Diego real estate blog San Diego real estate agent on 01/13/2009 04:23 PM

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