World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

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WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage eased to 4.41 percent from 4.46 percent last week.

The median price for single-family homes in Massachusetts rose to $313,000 in April, a near 14 percent increase compared. Warren Jr., chief executive of The Warren Group. “Low mortgage rates and.

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The other mortgage rates that MBA tracks were unchanged to 8 basis points higher on the week. "Most rates remained close to 10-month lows, which allowed some borrowers with an incentive to.

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