Thursday, 11 August 2011

Average rate on the fixed 30-year home loan fell to 4.32 pct., 15-year hits record 3.50 pct.

WASHINGTON — Fixed mortgage rates fell to at or near record lows. That’s good news for the few who can afford to buy a home or are able to refinance. Freddie Mac says the average rate for the 30-year fixed mortgage fell to 4.32 percent this week from 4.39 percent. The 30-year loan hit a record ...

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