Mortgage rates fall to 3-year low, offering relief for homebuyers

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Mortgage Rates Fall To 3-Year Low, Offering Relief For Homebuyers

By CBS News

The average interest rate on a conventional mortgage in the U.S. dropped to 6.06%, the lowest level in more than three years, Freddie Mac said on Thursday. A recent dip in mortgage rates has spurred homebuying activity, with purchase applications on ...Read more