The national average on a 30-year fixed-rate mortgage dropped to 4.36 percent in August 2010—lower than it’s been in the past half century. Interest rates for the same time last year average 5.19 percent, representing a difference of $90 in the monthly payments on a $200,000 home with 10 percent down, as well as a savings of $32,400 over the life of the loan. For reason why now is prime time to buy a home, contact me and I’ll send you a free ebook.
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