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Archive Home > 2011 > December > 23 > Mortgage rates decline to record low

Mortgage rates decline to record low

By Prashant Gopal / The Bulletin
December 23, 2011

NEW YORK — Mortgage rates for 30-year loans dropped to the lowest level on record amid signs the housing market may be set for a turnaround.

The average rate for a 30-year fixed loan fell to 3.91 percent in the week ended Thursday, the lowest in data dating to 1971, from 3.94 percent, Freddie....

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