A source familiar with the situation, who isn’t authorized to speak publicly, said Wednesday that proposed amendments “point in the direction” of some watering down to the recently passed legislation.

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(AP Photo/John Bazemore) WASHINGTON (AP) – U.S. long-term mortgage rates fell. The average rate for 15-year, fixed-rate home loans slipped this week to 3.16% from 3.25%. The historically low levels.

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