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Fixed mortgage rates stay below 4 percent

Aug 06, 2015
Freddie Mac's Primary Mortgage Market Survey shows average fixed mortgage rates moving downward for the third week in a row. The survey reported that 30-year fixed-rate mortgages averaged 3.91 percent with an average 0.6 point for the week ending Aug. 6, 2015. The 30-year rate averaged 3.98 percent at the end of the previous week.

Fifteen-year fixed rate mortgages averaged 3.13 with an average 0.6 point for the same time period, a decrease from 3.17 last week.

Read the complete report here.
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.