Rate on 30-year mortgage declines to 4.37%
by Marcy Gordon, Associated Press WASHINGTON – July 19, 2013 – Average rates on U.S. fixed mortgages declined this week as concern waned in the financial markets over the Federal Reserve’s possible slowing of its bond purchases this year. Mortgage buyer Freddie Mac said Thursday the average on the 30-year loan slipped to 4.37 percent.…