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Just How Low are Mortgage Rates, Right Now? Answer: Really, Really Low

by Peter Thomas Ricci

Okay, we all know that mortgage rates are low right now…but just how low?

mortgage-rates-freddie-mac-30-year-15-year-historic-lows-fed-yellen

With mortgage rates expected to rise in 2015, we decided to take a closer look at the historical averages for rates – and via numbers from Freddie Mac, we uncovered some very interesting developments, all of which are detailed in our infographic below:

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