Holy shmoly!

Rates have dropped on 30 year fixed mortgages to 4.75% because of the rate cut enacted by the Fed yesterday!

If you're STILL waiting for the rates to drop to 4.5%, you better start hoppin'. You (or a friendly seller) can buy down your interest rate to 4.5%. It's not going to cost too much with rates at 4.75%. Wahoo!

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