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Mortgage Rates Fall for Second Straight Week

U.S. average mortgage rates have logged a second consecutive week of declines after upbeat economic data. So reports the Associated Press.

arrow 98577 1280The fixed-rate 30-year mortgage averaged 3.04% in the week ending April 15, down nine basis points from the week before, according to Freddie Mac.

The latest figures on jobs, retail sales and manufacturing indicated an economy on the mend.

Read the full article from Associated Press.

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