The Real Estate Wonk: Shopping for a loan? - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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October 18, 2007

Shopping for a loan?

Bankrate.com has an analysis of loan rates:

Mortgage rates fell for the second time in three weeks, but the move down was modest. The benchmark 30-year fixed-rate mortgage dropped 1 basis point to 6.49 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.

Rates remain a bit higher than they were a year ago.

Posted by Jamie Smith Hopkins at 10:33 AM | Permalink | Comments (0)

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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