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Mortgage Rates Decrease

Mortgage Rates Decrease

| Sep 04, 2013 | Housing Market

Fixed Mortgage rates fell this week. According to Freddie Mac, the average rate on the 30-year fixed rate Mortgage decreased 0.07% from last week, averaging 4.51%. The average 15-year loan also fell slightly, averaging 3.54%, a 0.06% fall from last week. Many economists say that, when compared to historical standards, mortgage rates still remain very low. More here

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