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Freddie Mac: Mortgage rates fall slightly

May 01, 2014
In its Primary Mortgage Market Survey for the week ending May 1, 2014, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast averaged 4.27 percent with an average 0.6 point, down from 4.33 percent the week prior.

The 15-year FRM for the Northeast averaged 3.39 percent with an average 0.5 point, down slightly from 3.4 percent the previous week. 

Nationally, the 30-year FRM averaged 4.29 percent, down from 4.33 percent the week prior, while the 15-year FRM fell from 3.39 percent to 3.38 percent.

To read the entire Freddie Mac press release, click here.
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