November 1, 2018 / 3:34 PM / 20 days ago

U.S. 30-year mortgage rates fall in week - Freddie Mac

NEW YORK, Nov 1 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages declined as bond yields fell last week before they turned higher this week, Freddie Mac said on Thursday.

Borrowing costs on 30-year mortgages, the most widely held home loan type in the United States, averaged 4.83 percent in the week ended Nov. 1, down from 4.86 percent a week ago, the mortgage finance agency said.

Reporting by Richard Leong

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