Zillow's Camille Salama reports that this drop "represents the lowest rate reported since Zillow Mortgage Marketplace launched in 2008."
If you are a home owner or looking to be a home owner and you want to go BOLD, take a look at the 15-year fixed mortgage rate - it reached a low of 3.07 this week.
What this means to first time home buyer's is that they can now get more house for the money.
For an up-to-the-minute rate, click here Zillow's Mortgage Marketplace
For further information on the home buying process or selling process, contact Todd Adams at 503-332-5227 or visit Home Search
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