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Recent mortgage rates trends are all one way - downward! Photo:pnwra78

Recent Mortgage Rates Trends

Recent mortgage rates trends have defied all long-range predictions. Back in '07, when mortgage rates were sliding down towards 6%, all the pundits were saying that it couldn't last much longer. I mean we were talking mortgage rates lower than had been seen at any time since the oil price shocks to inflation in the early 1970s.

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