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Homebuying

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Gov. Jerry Brown put his signature Friday on bills aimed at tackling the affordable housing crisis in California, which needs an estimated 1.5 million more homes and apartments to satisfy demand from those priced out of the soaring market.

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Mortgage buyer Freddie Mac says the 30-year fixed mortgage rate was 3.78 percent. While the same as the previous week, that is down sharply from this year's peak of 4.3 percent, reached in March. It remains slightly above last year's average of 3.65 percent.

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