+Fixed Mortgage Rates Drop

+Fixed Mortgage Rates Drop - The drop in the rates for a fixed mortgage is welcomed by those considering purchasing a home or looking to refinance. Each time the rates go lower and lower means people can borrow money cheaper and cheaper. This is a great thing if you own or are looking to buy.

Everyone is hoping the drop in these rates will spur the real estate market in the right direction. With so many properties on the market needing to be purchased before we can see some normalcy again, this should be a step in the right direction, but no one can be certain. Lower interest rates don't

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