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Mortgage rates show little movement as markets digest new economic data

Mortgage rates stabilized this week despite newly released economic data. 

The 30-year fixed-rate mortgage averaged 6.64% as of Feb. 8, a slight increase from last week’s figure of 6.63%, according to Freddie Mac’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 5.90% this week, down from 5.94% during the prior week. And HousingWire’s Mortgage Rates Center showed that Polly’s average 30-year fixed rate for conventional loans was 6.91% on Thursday, down from 6.95% at the same time last week.

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BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com