Mortgage Rates for 30-Year U.S. Loans Unchanged at Record Low
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Rates for 30-year U.S. mortgages held at the lowest level on record as fewer Americans sought loans to buy homes.
The average rate for a 30-year fixed loan was unchanged in the week ended today at 3.87 percent, the lowest in records dating to 1971 and the third straight week at that level, Freddie Mac said in a statement. The average 15-year rate remained at 3.16 percent, according to the McLean, Virginia-based mortgage-finance company.