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What is the average interest rate for a home loan in 2010?

On average the interest rate for a home loan in 2010 is 8.06% for a $30,000 loan. Interest rates did not very an enormous amount between different loan totals although exceptions to occur. Global and local economic changes may end up taking direct effect on mortgage interest rates in your area. You should also take into account that interest rates are very according to a variety of factors including location, credit rating, credit history, and the company you are taking a loan from.

by Kathy Taylor on Sun, 01/17/2010 - 09:22

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Find out the cost of many of life's important purchases here, in our cost and price reference series.

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