Mortgage rates drop to new record low: 3.89 percent for a 30-year home loan!

The Oregonian announced today yet another reason why now is the time to buy a home!

Mortgage rates have dropped to a record low, offering a great opportunity for home buyers to take advantage of historic rates.  The 30-year fixed rate is down to 3.89% from a record low of 3.91% three weeks ago, and the 15-year fixed rate just went down to 3.16% from the record low of 3.21%.

Read the entire article here.

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