Fixed-rate mortgage rates fell 0.06 percentage points...
Fixed-rate mortgage rates fell 0.06 percentage points last week and adjustable-rate deals were unchanged, the Federal Home Loan Mortgage Corp. said. The agency, which buys mortgages from lenders and packages them as securities for sale to investors, said interest on fixed-rate loans fell to 10.22% last week, down from 10.28% the week before. Adjustable-rate mortgages averaged 8.13%, unchanged from the week before.
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