Mortgage rates still falling

 
BY THE ASSOCIATED PRESS
Published: August 20, 2010

WASHINGTON — Mortgage rates have fallen to the lowest level in decades over the past two months and could dip below 4 percent if the economy worsens.

The average rate for 30-year fixed loans fell this week to 4.42 percent, mortgage buyer Freddie Mac said Thursday. It was the eighth time in nine weeks that rates have fallen to the lowest level since Freddie Mac began tracking rates in 1971.

Investors fear...


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