The average rate for a 30-year fixed-rate mortgage was 5.12 percent, down from 5.29 percent last week, Freddie Mac said. At this time last year, the average rate for 30-year fixed-rate mortgages was 6.47 percent.
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The average rate for a 30-year fixed-rate mortgage was 5.12 percent, down from 5.29 percent last week, Freddie Mac said. At this time last year, the average rate for 30-year fixed-rate mortgages was 6.47 percent.