May 3, 2018 / 3:16 PM / 6 months ago

U.S. 30-year mortgage rates slip from 4-year peak: Freddie

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages fell this week from their highest levels in more than four years in line with a decline in U.S. bond yields, Freddie Mac said on Thursday.

Thirty-year mortgage rates averaged 4.55 percent in the week ended May from week-ago’s 4.58 percent, which was the highest since Aug. 22, 2013, the U.S. mortgage finance agency said.

Reporting by Richard Leong

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