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The average rate on a 30-year fixed mortgage fell to 3.93%, its lowest level since November of 2016. The one disconcerting figure in the data is the lack of any real activity by new buyers. Despite the low mortgage rates and historically-low level of unemployment, rising home prices are making affordability a.

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Mortgage rates fell in the latest week to the lowest on record and posted their ninth drop in the last ten weeks, Freddie Mac said on Thursday. Swiss drugmaker Novartis AG is pushing ahead with its.

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