Mortgage rates fell for the week ending August 4, 2016.
According to Freddie Mac’s Primary Mortgage Survey, rates fell five basis points and settled near 2016 lows.
Thirty-year fixed-rate mortgages averaged three point four percent. Fifteen-year fixed rate mortgages averaged two point seven four percent.
Rates for Five-Year Treasury-indexed hybrid adjustable-rate mortgages averaged two point seven three percent.
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