Comment on Mortgage rates drop, Freddie Mac says; 15-year fixed at record low

Mortgage rates drop, Freddie Mac says; 15-year fixed at record low

Mortgage rates are sharply lower on news of a weakening job market, with the 30-year fixed loan averaging 3.88% this week and the 15-year fixed at a record low of 3.11%, according to Freddie Mac.

 

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