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Mortgage Rate Update

Mortgage rates – The August 20, 2020 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 2.99%, almost unchanged from 2.96% last week. The 15-year fixed was 2.54%, up from 2.48% last week. The 5-year ARM was 2.91%, unchanged from 2.90% last week.

Mortgage Rate Update

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