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Fixed-Rate Mortgage

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Mortgage Rates Drop to Lowest Level in Three Months 

Aug 23, 2007By

Freddie Mac’s market rate survey is out today, and it shows that 30-year fixed-rate mortgages averaged 6.52 percent with an average of 0.4 point for the week ending August 23, 2007, down from last week when it averaged 6.62 percent. One year ago, the 30-year fixed rate averaged 6.48 percent, the GSE reported. Other rate information:

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