Mortgage rates fell for a second consecutive week, but still remain above 5%.
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Mortgage rates fall slightly, but offer little relief to buyers
Mortgage rates fell for a second consecutive week, but still remain above 5%. The 30-year, fixed-rate mortgage averaged 5.10% in the week ending May 26, down from 5.25% the week before, according to Freddie Mac. It is still well above the 2.95% average from this time last year.
