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Updated over 4 years ago,
Average U.S. mortgage rate falls below 3% for the first time
The average rate for a 30-year fixed mortgage fell to the lowest in almost five decades of data, Freddie Mac said in a statement Thursday
The new average interest rate on a 30-year fixed-rate mortgage broke below 3% this week—for the first time ever—according to Freddie Mac’s latest Primary Mortgage Market Survey