Mortgage Rates for U.S. 30-Year Loans Hold at Record-Low 3.66%
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Mortgage rates in the U.S. were little changed, keeping borrowing costs at the record-low levels that have helped bolster the housing market.
The average rate for a 30-year fixed mortgage held in the week ended today at 3.66 percent, the lowest in Freddie Mac records dating to 1971. The average 15-year rate dropped to 2.94 percent, also a record, from 2.95 percent, the McLean, Virginia-based mortgage-finance company said today in a statement.