Mortgage rates are down to new lower territory



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A sign for sale lies in front of the property for sale in Monterey Park, California.

Frederic J. Brown | AFP | Getty Images

A sign for sale lies in front of the property for sale in Monterey Park, California.

The average fixed mortgage rate at 30 years is again down today, as investors rush into the bond market. Mortgage rates generally follow the 10-year US Treasury yield.

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