Average US Mortgage Rates Dip Slightly

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The Associated Press is reporting that average mortgage rates dropped this week from 4.15 to 4.13 percent for 30-year loans, and from 3.24 to 3.23 percent for 15-year loans.

These rates are even lower than they were at this time last year, and down about four tenths of a percentage point from the beginning of the year.

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