Average US rate on 30-year mortgage falls to 4.29 percent after hitting 2-year high

  • by: MARTIN CRUTSINGER , AP Economics Writer
  • Updated: July 3, 2013 - 12:10 PM

WASHINGTON — Average U.S. rates on fixed mortgages fell this week after last week's surge. The declines could prompt homebuyers to act quickly before rates rise further.

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