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14

Mortgage Rates for 30-Year U.S. Loans Drop to Lowest Since 2013

By Tony Seruga

Mortgage rates for 30-year U.S. loans dropped to the lowest level in almost three years, aiding homebuyers during the housing market’s busiest season for transactions.

The average rate for a 30-year fixed mortgage was 3.58 percent, down from from 3.59 percent last week and the lowest since May 2013, Freddie Mac said in a statement Thursday. The average 15-year rate slipped to 2.86 percent from 2.88 percent, the McLean, Virginia-based mortgage-finance company said…

Mortgage Rates for 30-Year U.S. Loans Drop to Lowest Since 2013

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