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Monthly Archives: July 2020
Mortgage Rates Drop Below 3% – Lowest in 50 Years
By Kerry Smith The 30-year, fixed-rate mortgage averaged 2.98% this week, according to Freddie Mac – but any uptick in buyer demand will meet a shrinking inventory of for-sale homes. MCLEAN, Va. – The average 30-year mortgage rate dropped below 3% this week for the first time in at least 50 years. It averaged 2.98% […]
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