Mortgage Rates Dip Again Toward Historic Lows

That’s down from 4.51% a year ago. So reports the Associated Press.

Average rates on 15-year mortgages edged slipped four basis points to 3.03%, Freddie Mac said. That’s down from 3.98% a year ago.

Low rates have benefited homebuyers amid turmoil in global financial markets over worries about the world economy.

Read the full article from Associated Press.

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