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Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says

by Mario Acosta March 19, 2015 Various Topics

Long-term interest rates declined this week, with Freddie Mac saying lenders were offering conventional 30-year mortgages at an average of 3.78%, down from 3.86% a week ago.

The average for 15-year fixed home loans slipped from 3.1% to 3.06%, Freddie Mac said in its weekly report, released Thursday. The initial rate on loans fixed for five years …

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