Mortgage Rates fell to the lowest level of the year this week, as rates fell on U.S. government securities.
The average rate on a 30 year fixed rate mortgage dipped to 4.84 percent, down from 4.93 percent a
week earlier, Freddie Mac said yesterday. It was the lowest level since mid-December, when rates averaged
4.81 percent. The average rate on a 15 year fixed-rate mortgage was 4.24 percent.
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