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Month: May 2017

Mortgage Rates Slide to Fresh 2017 Low as Inflation Slips Through Fed’s Fingers

May 31, 2017

The benchmark rate for home loans remained in free fall in the most recent week in the wake of lackluster economic data that hinted the central bank may be slower to raise interest rates than it expects, mortgage provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.94%, down one basis point during the…

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