Mortgage Rates Slump to a 2 1/2-Year Low

Mortgage Rates Slump to a 2 1/2-Year Low

Chloe Harris/iStock Rates for home loans tumbled, sending the benchmark to its lowest since late 2016. The 30-year fixed-rate mortgage averaged 3.73% in the June 27 week, down 11 basis points, Freddie Mac said Thursday. The 15-year fixed-rate mortgage averaged 3.16%,...
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