U.S. mortgage rates fall to 9-month low

U.S. mortgage rates declined again, falling to a nine-month low mark, according to Freddie Mac. The 30-year fixed mortgage averaged 4.45 percent for the week ending Jan. 10, down from 4.51 percent the previous week. A year ago, mortgage rates stood at 3.99 percent. Low mortgage rates have been helping propel U.S. home sales and…

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U.S. mortgage rates end year with another decline

U.S. mortgage rates declined again, and have ended the year lower, according to Freddie Mac. The 30-year fixed mortgage averaged 4.55 percent for the week ending Dec. 27, down from 4.62 percent the previous week. A year ago, mortgage rates stood at 3.99 percent. Low mortgage rates had been helping propel U.S. home sales and…

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Mortgage rates retreat

Mortgage rates dropped slightly during the week ending Nov. 1, falling back after increases in the previous period, according to the Primary Mortgage Market Survey released by Freddie Mac. The average rate for 30-year fixed-rate mortgages fell to 4.83%, with an average 0.5 point, from 4.86%. The mortgage averaged 3.94% in the same period in…

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