Items Tagged with 'adjustable-rate'

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Agency Releases Mortgage Rate Data

The national average contract mortgage rate was 4.55% for September loans.
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The average interest rate on conventional, 30-year fixed-rate mortgage loans of $417,000 or less decreased 12 basis points (bp) to 4.58% in September. The average interest rate on 15-year, fixed-rate loans of $417,000 increased 11 bp to 4.57% in September.
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