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Fixed mortgage rates didn’t move much this week, but they declined enough to reach another record low, marking the third time this month and the 16th time this year they have hit historic lows. The 30-year fixed-rate average, the most popular mortgage product, sank to 2.66% with an average 0.7 point, according to the latest […more]
Mortgages rates slipped to a record low for the 16th time this year. The average for a 30-year fixed loan fell to 2.66%, down from 2.67% last week and the lowest in data going back almost 50 years, Freddie Mac said in a statement Thursday. The cheaper borrowing costs have fueled a housing rally that’s […more]
The average U.S. mortgage rate for a 30-year fixed loan fell one basis point this week to 2.66% – the lowest rate in the Freddie Mac’s Primary Mortgage Market Survey’s near 50-year history. This week’s mortgage rate broke the previous record set on Dec. 17. With this week’s record drop, there have now been 20 consecutive weeks when […more]
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