Mortgage Rates Dip For Second Week In A Row

McLEAN, VA -- Freddie Mac released the results of its Primary Mortgage Market SurveySM in which the 30-year fixed-rate mortgage (FRM) averaged 6.32 percent, with an average 0.6 point, for the week ending March 23, 2006, down from last week’s average of 6.34 percent. Last year at this time, the 30-year FRM averaged 6.01 percent.

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Note from Jim: Interest rates are still very favorable!