According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to 3.82 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.86 percent a week ago and 3.46 percent a year ago.
Mortgage rates continue their month-long slide September 1, 2017
Other Announcements, Events and Deals from Fairway Independent Mortgage Corporation
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