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Freddie Mac: Mortgage rates fall to 2017 low

Apr 17, 2017
Last week's Freddie Mac Primary Mortgage Market Survey showed the 30-year mortgage rate dropping for the fourth consecutive week and hitting a new low for 2017.

The 30-year fixed-rate mortgage (FRM) averaged 4.08 percent with an average 0.5 point for the week ending April 13, 2017, down from the previous week when it averaged 4.10 percent, according to the report. A year ago, the 30-year FRM averaged 3.58 percent. 

The 15-year FRM averaged 3.34 percent with an average 0.5 point, down from the previous week's average of 3.36 percent. A year ago, the 15-year FRM averaged 2.86 percent. 

Learn more here.
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NYS housing market sets October sales record

There were 12,178 closed home sales across New York State during October, setting a new record high for the month. The previous October sales record was 11,926 in October 2015. The statewide median sales price grew by 9.1 percent in October compared to October 2016. Click here to read more.

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