Mortgage rates fall again this week

Long-term mortgage rates slid further this week on cooler July home sales and waning consumer confidence, Freddie Mac and Bankrate.com reported today.

In Freddie Mac's survey, the 30-year fixed-rate mortgage dropped to an average 6.45 percent from last week's 6.52 percent, and the 15-year fixed was down to 6.12 percent from 6.18 percent. more...

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