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Mortgage rates fall to new lows

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Published: Sept. 20, 2002 at 8:59 AM
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WASHINGTON, Sept. 20 (UPI) -- Freddie Mac reported Friday that mortgage rates had fallen to their lowest level in 31 years as investors sought a flight-to-quality amid the possibility of war in the Middle East. Freddie Mac said the average rate on the 30-year loan to homebuyers dropped to 6.05 percent.

Topics: Freddie Mac
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