Mortgage rates down to lowest level since October

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Financial interest rates, dividend investment concept. Business provision financial service. Man use smartphone with magnifying glass finding to house loan interest rate percentage icon, mortgage rise

Mortgage rates fell to their lowest level since October, according to the latest Freddie Mac Primary Mortgage Survey.

30-year fixed-rate mortgages averaged 6.58% as of August 14, down from 6.63% last week and higher than the year-ago level of 6.49%.

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