Mortgage rates slide to lowest level in more than 5 decades
ASSOCIATED PRESS WASHINGTON – Mortgage rates are at the lowest level in five-plus decades, but consumers aren’t rushing to refinance or buy. Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed loans sank to 4.58 percent this week, down from the previous record of 4.69 percent set last week and the lowest since the mortgage company began keeping records in 1971. The last …

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