Average rate on 30-year mortgage dips to 5 percent
Source: Associated Press/AP Online Publication date: February 17, 2011 NEW YORK – Fixed mortgage rates inched down this week, following a dip in Treasury yields.Freddie Mac says the average rate on a 30-year fixed mortgage slipped to 5 percent from 5.05 percent last week. It hit a 40-year low of 4.17 percent in November. The…
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