30-Year Mortgage Rate Declined in August

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For the eighth straight month, information compiled by Freddie Mac shows that mortgage rates continued to decline. As of August 2019, the 30-year FRM – Commitment rate, fell by 15 basis points to 3.62 percent from 3.77 percent in July. The cycle peak was 4.87 percent in November. According to the July 2019 Federal Open Market Committee meeting statement, as… Read More ›

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