Fixed mortgage rates drop

Posted at: 07/13/2012 6:28 AM

Good news for anyone looking to buy a home -- fixed mortgage rates have dropped again.
 
The average rate on a 30-year fixed loan fell to a record 3.56-percent, down from 3.62-percent last week.
 
Fifteen-year mortgage rates, popular for people who want to refinance, dropped to 2.68-percent.
 
Cheaper mortgage rates have helped boost the housing market this year.

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