US Mortgage Rates Fall to Nearly 4-month Low: Freddie Mac

By Reuters Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of a bond market rally that has driven down yields on the securities used to set mortgage costs, data out Thursday showed. Mortgage finance giant Freddie Mac said the average rate on a 30-year fixed rate mortgage fell to 7.03…

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