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VOL. 43 | NO. 49 | Friday, December 6, 2019

US long-term mortgage rates steady; 30-year loan at 3.68%

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WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low levels as a lure to prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed-rate mortgage was unchanged from the previous week at 3.68%. By contrast, the benchmark rate stood at 4.75% a year ago.

The average rate on a 15-year mortgage ticked down to 3.14% this week from 3.15% last week.

A government report issued this week showed that spending on U.S. construction projects fell 0.8% in October, dragged down by declines in apartment and multi-family homebuilding. But spending on single-family home construction increased 1.6%, helping offset some of the losses elsewhere in the private construction category.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0