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August 23, 2019

Mortgage rates near historic lows: 30-year at 3.55%

WASHINGTON (AP) — U.S. long-term mortgage rates are near historically low levels, with the average on the benchmark 30-year loan falling this week to its lowest level since November 2016.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan slipped to 3.55% this week from 3.60% last week. The rate stood at 4.51% a year ago.


 
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