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September 01, 2020 10:27am
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Mortgage rates are breaking to new lower territory, and they could stay there for months

The average rate on the 30-year fixed mortgage is falling again today, as investors rush into the bond market. Mortgage rates loosely follow the yield on the 10-year Treasury. Lower rates area already igniting home buying. The concern is that these low rates will cause home prices to heat up again.
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