Morgtage Rates a little lower….

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According to Freddie Mac..the 30-year fixed mortgage rate dropped from 5.25 percent last week to 5.22 percent ending August 6th. The 15-year fixed-mortgage rate dropped to 4.63 percent from 4.69 percent and adjustable-mortgages fell to 4.73 percent from 4.75 percent. I would advise buyers to get those loan application in because who knows how long everything will last!

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