Mortgage Rates Sink to Lowest Level on Record! You On Here » Mortgages » Mortgage Rates Sink to Lowest Level on Record!

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WASHINGTON – By ALAN ZIBEL, AP Real Estate Writer

Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.

The average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week, mortgage company Freddie Mac said Thursday...more

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