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First-time homebuyers’ advantage

By December 6, 2008current affairs

Maybe it’s time to buy that first house, says the New York Times. “Rates on 30-year fixed-rate mortgages are already close to 5.5 percent, and this week there were suggestions that the federal government might try to drive them down to 4.5 percent, a truly incredible figure to be able to lock in for three decades.”


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