Mortgage Rates Decline: Fixed-rate mortgages averaged 10.13%...
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From Times Staff and Wire Reports
Mortgage Rates Decline: Fixed-rate mortgages averaged 10.13% in the week ending Saturday, down from 10.17% the previous week, according to a national survey by the Federal Home Loan Mortgage Corp. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 8.15%, down from 8.17%. The rates do not include add-on fees known as points.
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