Summary Box: Mortgage rates drop to 4.58 pct
Story date: 2010-07-01 05:48:00
Added on: 2010-07-01 17:42:04
SINKING RATES: Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed loans sank to 4.58 percent this week, the lowest on records dating back to 1971. That's down from the previous record of 4.69 percent set last week.
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