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| Fixed Rate | 30-year | 15-year |
| Average Rates | 5.88% | 5.42% |
| Fees / Points | 0.4 | 0.4 |
| Rates provided by Freddie Mac. Last update: 04/04/08 |
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How Much Can You Afford?
Shopping for a home but not sure how much you can spend? Here's how to figure out your price range. Read more
- How to Choose the Right Loan?
Purchasing a home is the single largest expenditure you will make, so manage the financing with great care. Read more - Adjustable Rate Mortgages (ARMs)
An ARM is a mortgage in which the interest rate is adjusted periodically based on an index. Read more - What You Need to Know About Private Mortgage Insurance
PMI lets you buy a house with less than 20 percent down -- in exchange for higher payments. Read more - Pulling Together a Down Payment
When you venture into the housing market for the first time, you want to buy the best home you can afford. Read more