The average 30-year fixed rate during the week ending Aug. 19 once again dropped to another low as it has continued to fall at a pace that could theoretically benefit even borrowers who got loans relatively recently.

While rate moves have generally not been dramatic from week-to-week, collectively they mean borrowers who took out mortgages just a couple of months ago could save $150 to $200 per month were they to refinance again, Freddie Mac deputy chief economist Amy Crews Cutts told National Mortgage News.

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