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Mortgage rates drop to another record low
September 15, 2016 - The benchmark 30-year fixed-rate mortgage fell 3 basis points this week to 4.32 percent, according to the national survey of large lenders. A basis point is one-hundredth of 1 percentage point. This is the lowest level the fixed rate has reached since Bankrate started the weekly mortgage survey nearly 26 years ago. ...

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