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The May 2 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates moving lower for the fifth consecutive week. The 30-year fixed-rate mortgage at 3.35 percent is just above its all-time record low of 3.31 percent set the week of November 21, 2012. The 15-year fixed-rate mortgage set a new all-time record low at 2.56 percent.

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