Mortgage Rates in the U.S. Drop for a Third Straight Week
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Mortgage rates in the U.S. fell for a third week, keeping borrowing costs close to the record lows that have helped support a housing recovery.
The average rate for a 30-year fixed mortgage was 3.41 percent in the week ended today, down from 3.43 percent, McLean, Virginia-based Freddie Mac said in a statement. The average 15-year rate dropped to 2.64 percent from 2.65 percent.