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Mortgage rates are stuck in a monthlong slide

Mortgage rates fell for the fourth week in a row as long-term bond yields continued their extended slide. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average sank to 3.89 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent…
Source: Morningcall

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