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Mortgage rates edge down: 30-year average at 3.84%, Freddie Mac says
Mortgage rates edge down: 30-year average at 3.84%, Freddie Mac says

Mortgage rates were little changed this week on mixed news for housing, with Freddie Mac saying the average rate for 30-year conventional loans was 3.84%, compared with 3.85% a week ago.  Lenders were offering 15-year fixed loans at an average of 3.05%, down from 3.07%, according to Freddie Mac, which releases its survey results each Thursday morning. The latest report showed rates also down slightly on loans that become adjustable after five years at a fixed rate. Housing starts surged in April, and a survey found that builders remain optimistic, Freddie Mac economist Len Kiefer said. But a real-estate trade group said Thursday that sales of previously owned homes...

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