Freddie Mac said Thursday that the 30-year fixed-rate mortgage average hit a new low. The 30-year average declined to 4.71% with an average 0.7 point for the week ending Dec. 3 from 4.78% last week. The new 30-year average is the lowest since Freddie Mac began its weekly survey in 1971.
Rate on 30-year mortgage falls to new low
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