Mortgage rates fall to lowest level in 10 months
By Samantha Delouya, CNN (CNN) — Would-be home buyers and homeowners looking to refinance their mortgages got a rare break this week after months of stubbornly high borrowing costs. The 30-year fixed mortgage rate averaged 6.58% for the week ending August 14, the lowest level since October, according to data released Thursday from Freddie Mac.
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