US average rate on 30-year mortgage declines to 4.31 pct.; 15-year at 3.39 pct.

  • by: MARCY GORDON , AP Business Writer
  • Updated: July 25, 2013 - 9:55 AM

WASHINGTON — Average rates on U.S. fixed mortgages fell for the second straight week, a welcome sign for homebuyers hoping to lock in lower rates that had spiked earlier this month.

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