US mortgage rates dropped Tuesday - 2006-03-14
The average rate on a 30-year U.S. mortgage with no upfront points decreased 1/8 of a percentage point on Tuesday to 6-1/2 percent. If the mortgage market on Wednesday maintains its present course, rates may remain the same. The 30-year mortgage rate with one upfront point dropped 1/8 of a percentage point to 6-1/4 percent.
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