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Mortgage Rates Fall to Almost Four-Month Low

U.S. long-term mortgage rates have extended their recent decline, touching their lowest since mid-August. So reports CNN.

arrow down icon 157360 1280According to Freddie Mac, the 30-year fixed-rate mortgage averaged 7.03% as of December 7, compared with 7.22% a week earlier and 6.33% a year earlier.

That’s the sixth consecutive weekly decline.

Read the full article from CNN.

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