Mortgage Rates Edge Down Slightly
The
rate for a 30-year fixed-rate mortgage averaged 3.93 percent this week, down
from last week’s 3.94 percent, Freddie Mac said yesterday. At this time last
year, the 30-year FRM rate averaged 4.1 percent. This week’s 15-year FRM rate
averaged 3.15 percent, down from last week’s 3.17 percent rate. A year ago, the
15-year FRM rate averaged 3.23 percent.--- ABA Daily Newsbytes
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