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Mortgage Rates At Lowest Point In A Month

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell last week across all loan categories, including 30-year fixed-rate mortgages with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate mortgages. The drop in rates was caused by a number of economic factors and led to…

Source: Citadel Property Management Corp

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