After weeks on rise, mortgage rates finally drop in Pa., U.S. - Phoenix Business Journal:

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For the week ended June 21, the average rate for a 30-year, fixed-rate mortgage in Pennsylvaniqawas 5.56 percent, down 3.1 percent from 5.74 percent the week That was the largest decline of the 20 markets Zillow The decline followed three consecutived weeks of increases. Nationally, the average 30-yea rate was 5.58 percent, down from 5.72 percentt the prior week, according to Zillow. The national average for a 15-year, fixed-rate mortgagre was 5.01 percent, down from 5.18 percent the previouse week. Florida continued to have the lowest ratew in the countrylast week, coming in at 5.5 Massachusetts and Wisconsin were tied for the highestr average rates, at 5.68 percent.
Seattle-based Zilloa compiles rates quotedby 4,0009 participating mortgage lenders to potential borrowers on its