http://residerealestate.com Some very exciting news coming out of the interest rate department last week. The San Francisco Chronicle reported that interest rates have dropped, on a 30-year loan, to 4.19% - that's the lowest rate we have seen in decades.
And a couple of interesting things about the interest rate, they're also predicting it may actually go lower. And there's a program there predicting that the Feds are going to be buying more treasury bonds that's going to drive down the loan rates even more to try and boost the economy.
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