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Archive Home > 2010 > March > 14 > 30-year rates drop

30-year rates drop


March 14, 2010

The average interest rate on a 30-year fixed-rate mortgage dropped for a second straight week, to 4.95 percent last week from 4.97 percent the week before, Freddie Mac reported Thursday.

However, mortgage rates are widely seen to be on an upward trend this year as the Federal Reserve’s asset....

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