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Average rates on 30-year fixed-rate mortgages ticked higher to 3.55% in the week ending Aug. 2...

Average rates on 30-year fixed-rate mortgages ticked higher to 3.55% in the week ending Aug. 2 from a record low of 3.49% in the prior week, Freddie Mac says in its weekly report. Before this week, 30-year rates had fallen to or matched record lows in 13 of the past 14 weeks. Average 15-year rates rose to 2.83% vs. a record low 2.8% in the prior week.
Comments (1)
  • phxcrane
    , contributor
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    I wonder what the percentage of borrowers actually get 3.55%? I guess its less then 5%. Rather meaningless number.
    2 Aug 2012, 10:15 AM Reply Like
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