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The Boston Globe

Business

Mortgage rates near record lows

WASHINGTON — Average rates on fixed mortgages fell this week to near record lows, providing more incentive for Americans to buy homes and refinance.

Freddie Mac said the average rate on the 30-year loan fell to 3.32 percent, below last week’s 3.34 percent but just above the 3.31 percent record low on records dating to 1971.

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