Mortgage rates go even lower

Mortgage rates

Mortgage ratesBy Deborah Kearns | NerdWallet

Mortgage rates have hit a new 2016 low, which is making everyone wonder just how low they will go. Meanwhile, vacation home sales cooled considerably last year, and investors scooped up more properties in 2015 to capitalize on a booming rental market.

Freddie Mac’s just-released weekly survey of lenders shows the following average rates for the most popular home loan terms:

Continued:

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New home sales weaken

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