Falling Mortgage Rates Fuel Buying Activity (Use it to your Advantage)
Josh Boomershine
Feb 5, 2015 By: Chrystal Caruthers
Mortgage interest rates rolled back to 2013 levels this week on disappointing housing and economic activity.
The 30-year fixed-rate mortgage averaged 3.59% this week, down from 3.66% last week. A year ago this time, it was as high as 4.32%, according to the Freddie Mac Primary Mortgage Market Survey.
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