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Friday, May 23, 2014

Friday Rate Update

Mortgage Rates Near Seven-Month Low


The average rate for a 30-year fixed-rate mortgage fell to 4.14 percent from the previous week’s 4.20 percent, Freddie Mac said yesterday. At this time in 2013, the 30-year FRM rate averaged 3.51 percent.

--ABA Daily Newsbytes

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