News Update: Mortgage Rates Hit Record Low; Could Provide Help to Beleaguered Housing Sector
U.S. New-Home Sales Unexpectedly Fall to Record Low
News Update: Home Mortgage Rates Hit New Lows, But Home Purchases, Refinancing Only Inch Higher
Mortgage rates dropped again, with the 15-year fixed-rate loan hitting a record low. The most popular mortgage, the 30-year fixed rate, came in at 3.35%, a drop of 0.05 percentage point and only 0.04 percentage point above its record low.
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