The 30-year fixed rate averaged 4.10 percent this week, down from last week's average of 4.12 percent. A year ago, the rate averaged 4.58 percent.
The rate on a 15-year fixed-rate mortgage averaged 3.23 percent, down from 3.24 percent last week. The rate averaged 3.60 percent a year ago.
In addition to a 15.7 percent increase in housing starts, a decline in Treasury yields and a slowing pace of consumer price increases helped keep rates low, according to
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