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Friday, February 19, 2016
Friday Rate Update
Fixed Mortgage Rates Remain Unchanged
The rate for a 30-year fixed-rate mortgage held steady at 3.65 percent this week, unchanged from the week prior, Freddie Mac said yesterday. At this time last year, the 30-year FRM averaged 3.76 percent.
This week’s 15-year FRM averaged 2.95 percent, also unchanged from last week. A year ago, the 15-year FRM averaged 3.05 percent.
---ABA Daily Newsbytes
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