Average US rate on 30-year mortgage eases to 4.20 pct.; rate on 15-year loan down to 3.29 pct.

  • by: Associated Press
  • Updated: May 15, 2014 - 10:45 AM

WASHINGTON — Average U.S. rates on fixed mortgages declined this week for a third straight week. The low rates could give a boost to the spring home-buying season, which has gotten off to a slow start.

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