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Saturday, December 1, 2007

Interest rates hit 2-year low

Interest rates on the 30-year fixed averaged 6.10% for the week ending Nov. 29, down from 6.20% the prior week, and 6.14% a year ago, according to Freddie Mac. Rates have not been lower since they averaged 6.03% in October 2005.

30-Year Rates Are Lowest In More Than Two Years [Freddie Mac]

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