30-year fixed-rate mortgage remains at 4.50%

30-year fixed-rate mortgage remains at 4.50%
WASHINGTON (MarketWatch) — The average rate on the 30-year fixed-rate mortgage remained at 4.50% in the week ending June 23, matching the prior week, according to a survey released Thursday by Freddie Mac, a buyer of residential mortgages. Last year, the rate was at 4.69%. To obtain the latest rate, payment of an average 0.8 point was required. A point is 1% of the mortgage amount, charged in …
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