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According to Freddie Mac, last week’s 30-year fixed mortgages averaged around 3.34%, which is down from the previous week when it averaged 3.35%. 15-year fixed rate mortgages last week averaged 2.64%, 0.7% down from the previous week. The 5-year Treasury-Index hybrid adjustable rate Mortgage jumped 0.6 % while the 1-year Treasury Index averaged 2.57 percent last week increasing 0.4% from the previous week. More here
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