Mortgage rates fell last week to their lowest point
in nearly six months according to the results of Freddie Mac's Primary
Mortgage Market Survey for the week ended November 1.
The average rate for the 30-year fixed-rate mortgage (FRM) dropped to
6.26 percent with an average 0.4 point from the average the previous week
of 6.33 percent with 0.5 point. This was the lowest average rate for the
30-year FRM since the week ended May 17 when it averaged 6.21 percent.
One year ago this product...
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