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Mortgage update--September 18, 2009

Date: Sep. 18, 2009
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From what I am reading the outlook for the economy appears to be improving gradually. Mortgage rates today are around 4.75%! Very nice! The economy seems to be experiencing moderate growth with low inflation so far. Housing starts also moved a bit higher. It appears there is a 2% growth since last November. The first time tax credit is still available but not for much longer unless they change the law.
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