The Real Estate Wonk: Mortgage rate roundup - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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March 5, 2008

Mortgage rate roundup

For all you would-be buyers and refinancers out there:

The average interest rate for a 30-year fixed mortgage dipped below 6 percent in the Mortgage Bankers Association's latest survey, released today from numbers gathered last week. It was 5.98 percent, compared with 6.27 percent the week before. That was for loans with 20 percent down.

As for 15-year fixed mortgages, popular for refinancing: Rates dropped to 5.26 percent from 5.77 percent.

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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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