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Home Mortgage Rates Post Declines This Week

From Associated Press

The average rate on 30-year mortgages dipped to 5.94% this week, down from 6.05% the previous week, mortgage giant Freddie Mac reported.

For 15-year mortgages, rates declined to 5.26% from 5.39%. Rates for one-year adjustable mortgages averaged 3.74%.


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