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Fed Could Spur Slumping Mortgage Rates

Posted by: In: Real Estate 20 Mar 2014 Comments: 0 Tags: ,

Freddie Mac’s weekly Primary Mortgage Market Survey, released Thursday, showed the 30-year fixed-rate mortgage (FRM) averaging 4.32 percent (0.6 point) for the week ending March 20, down from last week, when it averaged 4.37 percent. A year ago, the 30-year FRM average was 3.54 percent.

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Source: DSNews



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