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Home » Legal Shield » Mortgage Rates Friday, Aug. 18: Stocks Drop, Drive Rates Lower

Mortgage Rates Friday, Aug. 18: Stocks Drop, Drive Rates Lower

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Mortgage rates for 30-year fixed loans dropped to their lowest level since mid-June, while 15-year fixed loans plunged to a two-month low and 5/1 ARMs fell two basis points, according to a NerdWallet survey of daily mortgage rates published by national lenders Friday morning. Stock prices fell broadly yesterday in response to political uncertainty after the president disbanded…


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