Business NewsMarketWire • Popular Mortgage Refinancing Options at Record Low Rates, Says Informa Research Services

Popular Mortgage Refinancing Options at Record Low Rates, Says Informa Research Services

Popular Mortgage Refinancing Options at Record Low Rates, Says Informa Research Services

CALABASAS, CA--(Marketwire - Aug 5, 2011) - Recently, data showed that the U.S. economy grew only 1.3% in the second quarter of this year. As a result, this news pushed 15-year fixed and 5-year adjustable rate mortgages to record low levels, according to Freddie Mac. For those who are looking for low rates with which to refinance their home, Informa Research Services, a subsidiary of Informa plc (LSE: INF), suggests that consumers look now, as these historically low rates may be just the ticket they need to pare down their monthly mortgage payments (http://www.erate.com/current-mortgage-rates-30-year-fixed-mortgage-rates.htm).

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