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Metro Atlanta mortgage rates drop to new lows

10:52 PM, Aug 14, 2011   |    comments
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ATLANTA -- There has been a significant drop in mortgage interest rates this week, despite major volatility in the major financial markets.  

The bond market, which impacts the mortgage rates, remained calm despite huge fluctuations in the stock market.

The best 30 year fixed rate in Metro Atlanta stands at an even 4 percent, while in the shorter term, the best 15 year fixed rate is set at 3.25 percent and no points.

Be sure to go for a loan with no discount or origination points, each of those will cost you 1% of your loan.

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