WASHINGTON (AP) — Average rates on fixed mortgages fell this week near record lows.
Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan dipped to 3.32%. That’s below last week’s 3.34%. And it’s just above 3.31%, lowest rate on records dating to 1971.
The average on the 15-year fixed mortgage declined to 2.66% from 2.67% last week. The record low is 2.63%.
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