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US average 30-year mortgage rate declines to 3.44 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates edged lower this week. As rates remain at historically low levels, homeowners taking advantage to refinance their mortgages have pushed refinancing activity to higher levels. Mortgage giant Freddie Mac says the average for the benchmark 30-year fixed-rate mortgage declined to 3.44 percent from 3.46 percent last week. The average ...

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