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US Mortgage rates fall to 16th Record Low of the Year ahead of the Holidays

Mortgage rates fell to a 16th record low of the year after a 4 basis points fall to a 15th record low in the previous week.

Compared to this time last year, 30-year fixed rates were down by 108 basis points.

30-year fixed rates were also down by 228 basis points since November 2018’s most recent peak of 4.94%.

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