Mortgage rates fall to recordLong-term mortgage rates fell to new lows this week, after the Federal Reserve’s announcement to step back into the Treasuries market.
A 30-year fixed-rate mortgage averaged 4.17 percent in the week ending Nov. 11, down from 4.24 percent last week. A 15-year mortgage averaged 3.57 percent, down from 3.63 percent last week. Both are the lowest rates since McLean mortgage buyer Freddie Mac began keeping track.
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