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August 16, 2019

Mortgage rates stay near historic lows

WASHINGTON (AP) — U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial markets around the globe.

Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year loan was unchanged at 3.60%, its lowest level since November 2016. A year ago the rate stood at 4.53%.


 
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