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Fixed Mortgage Rates Decline on Weaker Economic Data

Freddie Mac released the results of their Primary Mortgage Market Survey® showing average fixed mortgage rates declining amid weaker manufacturing growth and declines in overall inflation rates. The 30 year rate averaged 4.22 percent for the week ending November 21, 2013, down from last week when it averaged 4.35 percent. A year ago it was 3.31 percent.

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