Mortgage Rates Fall, Could See Further Dip

Mortgage rates turned lower this past week and could see a further decline next week unless tomorrow’s jobs report turns out strong.

Thirty-year fixed rates averaged 3.43 percent in Freddie Mac’s Primary Mortgage Market Survey for the week that ended on Aug. 4.

That was the lowest level for 30-year fixed interest rates since the week ended July 14, when Freddie reported the average at 3.42 percent.

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From:: Financing