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Fixed Rate Mortgages Hit Two-Year Low – · ”By shopping around and getting a single additional mortgage rate quote, a borrower can save an average of $1,500. These low rates are also good news for current homeowners. With rates dipping below four percent, there are over $2 trillion of outstanding conforming conventional mortgages eligible to be refinanced-meaning the majority of what was originated in 2018 is now eligible.”
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Mortgage rates slump to a 2 1/2-year low – MarketWatch – Rates for home loans tumbled, sending the benchmark to its lowest since late 2016.. -1.47% , which has recently hovered near two-year lows.
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