Rate For 30-year Mortgage Declines To 3.65%

The average rate for the benchmark 30-year fixed-rate mortgage declined to 3.65% in the week that ended April 23 from 3.67% in the prior week, Freddie Mac said Thursday. That's "positive news for potential homebuyers in the market this spring," said Len Kiefer, Freddie's deputy chief economist. The 15-year averaged 2.92%, down from 2.94%.

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