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FHFA Index Shows Mortgage Interest Rates Remain Low in April

Washington, DC - May 30, 2013 - (RealEstateRama) -- National data show interest rates on mortgages are stable at low levels. Contract mortgage interest rates increased slightly in April—up 0.02 percent from March, according to an index of new mortgage contracts.

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Locations Close to Public Transit Boost Residential, Commercial Real Estate Values

Neighborhoods located within a half-mile of public transit services outperformed those in areas farther from public transit based on a number of factors, according to a report released today by the American Public Transportation Association(link is external) and the National Association of Realtors®.