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Mortgage Rate Drop to New Record Lows.

“Interest rates on 30-year fixed-rate mortgage loans fell for the third consecutive week to the lowest since the week ending May 21, while 15-year fixed rates were the lowest since our records began in 1991,” said Frank Nothaft, Freddie Mac vice president and chief economist, in a news release.

Rates for 30 year fixed-rate mortgages fell [...]