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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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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.

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