Mortgage Industry News from the UK and Europe.
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Tuesday, July 31, 2012
Freddie Mac says 30-year fixed mortgage plunges below 3.5%
The typical rate on a 30-year fixed mortgage tumbled below 3.5% for the first time this week, Freddie Mac said -- the latest record low in a trend that has fired up refinancing but done little to ignite housing demand.
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