Mortgage rates are down significantly this week in Freddie Mac’s Weekly Survey with 30 year fixed rate loans dropping 18 basis points to 4.32%. The 15 year fixed-rate was down 17 basis points to 3.37%. Rates are back down to levels last seen in July after the Federal Reserve indicated this week they will continue buying treasury and mortgage bonds at current volumes.

Note: Chart above is dynamic and reflects current survey, updated weekly.

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