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10/17/09
Experts: Interest rates set to climb
Filed under: General, Real Estate
Posted by: Lillian Wong @ 4:36 pm

Real-estate industry officials are trying to convince consumers to take advantage of the current market conditions that combine low interest rates, lower prices and tax credits for some buyers.

The $8,000 federal tax credit for first-time buyers is set to expire at the end of November, and some observers believe that interest rates are likely to climb from current levels close to 5 percent.   more…



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