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Published January 12, 2012, 12:00 AM

Townhomes in Woodland Hills, Calif.

Newly built luxury townhomes are offered for sale in Woodland Hills, Calif. Tuesday, Jan. 10, 2012. Fixed mortgage rates hit yet another record low on the second week of the new year. (AP Photo/Damian Dovarganes)
Read the article: Rate on 30-year mortgage drops to record 3.89 percent