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Mortgage rates tumble as one economist waves the white flag – The 30-year fixed-rate mortgage averaged 4.14% in the May 2 week, Freddie Mac said Thursday. That was down 6 basis points during the week. It snapped a four-week streak of increases for the popular.
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National average rates on conventional, conforming, 30- and 15-year fixed and 1-Year CMT-indexed adjustable rate mortgages. 5/1 hybrid ARM rates are available. The latest mortgage market news.
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