Mortgage rates hold near lows as May demand rises
U S long term mortgage rates barely moved this week after six weeks of declines. The 30 year fixed rate stood at 3.82 percent, the lowest since September 2017, while the 15 year rate eased to 3.26 percent. Mortgage applications for new home purchases rose 20.1 percent in May from a year earlier, showing spring buying strength. Target introduces 9.99 same day delivery via Shipt across 65,000 items in 47 states with 5 percent loyalty discount.
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