Mortgage Rates Slip: Fixed-rate home mortgages are...
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Mortgage Rates Slip: Fixed-rate home mortgages are averaging 10.05%, according to a national survey released by the Federal Home Loan Mortgage Corp. That rate was down from 10.17% last week. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 8.68%, down from 8.71% the week before, Freddie Mac said.
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