Freddie Mac: Mortgage rates retreat from yearly high

SOURCE: Mortgage News Feed

After moving to the highest level of 2015 one week ago, mortgage rates retreated slightly, according to Freddie Mac’s latest Primary Mortgage Market Survey. Freddie Mac’s latest report, released Thursday morning, showed that the 30-year fixed-rate mortgage average 4.04% with an average 0.6 point for the week ending July 23, 2015, down from last week when it averaged 4.09%.

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