Comment on Average mortgage rate drops to 5-month low

Average mortgage rate drops to 5-month low

WASHINGTON (AP) — The average U.S. mortgage rate fell below a key threshold of 4 percent this week, its lowest level in five months. Mortgage buyer Freddie Mac says the average on 30-year fixed-rate home loans declined to 3.97 percent this week from 4.08 percent last week.Read more on NewsOK.com

 

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