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Haley Palmer WIN Central Oregon

Mortgage rates fall as August kicks off


Mortgage rates fell for the week ending August 4, 2016.

According to Freddie Mac's Primary Mortgage Survey, rates fell five basis points and settled near 2016 lows.

Thirty-year fixed-rate mortgages averaged three point four percent. Fifteen-year fixed rate mortgages averaged two point seven four percent.

Rates for Five-Year Treasury-indexed hybrid adjustable-rate mortgages averaged two point seven three percent.

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