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Weak manufacturing growth forces dip in mortgage rates

from National Mortgage Professional

Freddie Mac has released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates declining amid weaker manufacturing growth and declines in overall inflation rates. The 30-year fixed-rate mortgage averaged 4.22 percent with an average 0.7 point for the week ending Nov. 21, down from 4.35 percent. more

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