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Las Vegas Homes BlogLas Vegas real estate blog with market conditions, news and availability of Las Vegas homes and condos as presented by RE/MAX Associates. Friday, October 20, 2006Mortgage Rates Leveling Out
Reports have shown in recent months that mortgage rates have turned autumn into a surprisingly good time to buy or finance a home in Las Vegas. Stats show that mortgage rates have fallen more than half-a-point since peaking at 7 percent in late June. The local Las Vegas economy has benefited from the lower mortgage rates.
Having fixed interested rates is the most popular way to purchase a home in Las Vegas among consumers. The mortgage interest rats have leveled out at 6.3 percent since late August. Las Vegas real estate consumers are hoping that rates stay where they are. |
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