Pursuits
Mortgage Rates in the U.S. Decline for a Second Week
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Mortgage rates in the U.S. fell for a second week, reducing borrowing costs as more homeowners seek to refinance into less expensive loans.
The average rate for a 30-year fixed mortgage was 3.43 percent in the week ended today, down from 3.54 percent, McLean, Virginia-based Freddie Mac said in a statement. The average 15-year rate dropped to 2.65 percent from 2.74 percent.