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Mortgage Rates Hit 30-Month Low
More bad news on the economy sent mortgage rates down for the third straight week to a 30-month low.
The average rate on a 30-year, fixed-rate mortgage fell 18 basis points to 5.69% during the week ended Thursday, according to a survey by Freddie Mac(FRE Quote).
A basis point is a hundredth of a percentage point. ...
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