Mortgage Rates Fall to New Record Lows
Freddie Mac reported today that the average rate on 30-year fixed mortgages fell to 4.09% this week, down from 4.12% last week, and the lowest rate since the early 1950s (see top chart below, news report here). The 15-year fixed rate fell to 3.30% this week from 3.33% last week, setting a new all-time record [...]
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