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Quick Hits: Mortgage Rates Break Record, Wegmans Inches Closer to DC

  • July 29th 2010

by Mark Wellborn

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Quick Hits: Mortgage Rates Break Record, Wegmans Inches Closer to DC: Figure 1

  • Long-term mortgage rates dropped to 4.54% this morning, yet another all-time low for 30-year fixed rate mortgages. While this is justifiably yawn-worthy news to some, for buyers that are keen on hopping into the buying market, this new rate certainly is tantalizing. However, given that rates have now dropped for six weeks straight, many might just wait until next week.

  • If you have any friends from upstate New York, chances are you have heard them rave about Wegmans, the family-owned supermarket chain that has a following rivaling Trader Joe’s. The Washington Business Journal’s Missy Frederick reported earlier today that Wegmans will open their newest area location at the Woodmore Towne Center at Glenarden on October 24th. This new location will be slightly closer to DC (25 minute drive) than the chain’s Fairfax location (30-50 minutes depending on traffic).

This article originally published at https://dc.urbanturf.com/articles/blog/quick_hits_mortgage_rates_break_record_wegmans_inches_closer_to_dc/2322.

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