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Another new low for mortgage rates - 3.27%
Wow, it just keeps getting less expensive to buy a home. Five year fixed rate mortgages can now be found for as little as 3.27% for those with great credit. That's pretty cheap money. A variable rate mortgage could cost you as little as 2.2%. That's even better, but with the five year rate so close, I would be tempted to lock in, pay a little more, but live with less stress.