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30-year fixed-rate mortgage averages 3.55% for the week ending Aug. 22, 2019, down 5 basis points from 3.60% in the previous week and 4.51% at this time a year ago, according to the Freddie Mac. But getting a mortgage loan doesn’t have to be difficult. That’s why LendingTree helps you find the right home financing with the right mortgage lender.

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The Mortgage Bankers Association said its index on mortgage application volume in the week ended oct. 9 fell to 387.0, down 27.6 percent from the prior week. The decline was the steepest percentage. The volume of mortgage applications to purchase a home slid again last week by 3 percent, the third consecutive weekly decline.

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