Mortgage Rates Fall
The
rate for a 30-year fixed-rate mortgage averaged 3.79 percent this week, down
from last week’s 3.82 percent, Freddie Mac said yesterday. At this time last
year, the 30-year FRM rate averaged 3.92 percent. This week’s 15-year FRM rate
averaged 2.98 percent compared to last week’s 3.03 percent rate. A year ago,
the 15-year FRM rate averaged 3.08 percent.
--ABA Daily Newsbytes
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