Although interest rates for 30-year fixed-rate mortgages averaged 4.4% last week, the lowest rate since Freddie Mac started keeping records in 1970, smaller banks and credit unions are offering even better deals. While giants Bank of America, Wells Fargo and J.P. Morgan Chase offer rates of 4.66% on 30-year fixed mortgages on average, smaller banks such as St. Louis' Heartland Bank offer 4.50% and Acacia Federal Savings Bank 4.25%.

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