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What is the Average American Mortgage Loan Rate?

America is in a particularly unique financial situation in contrast with the rest of the world’s economy at the present time. As a result of this, the average American mortgage loan rate is significantly different than that of the world. According to financial surveys carried out across the country, the average American mortgage loan rate is 4.63% this year.

by Margaret Walker on Tue, 08/24/2010 - 01:35

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