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Tuesday, September 23, 2008

Wells Fargo Jumbo Mortgage Rate is 9.00%

Wells Fargo Mortgage rate for a 30-year fixed mortgage is 9.00%!

We have been telling you to watch the jobs market and the mortgage rate to see how far down housing goes.  We were worried about the mortgage rate, but with the government bailing out Freddie and Fannie, the rates eased - at least temporarily.

The 30-year fixed is still low.

 

 


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