Mortgage Rates in the U.S. Slide to the Lowest Since July 2016
Photographer: Johnny Milano/Bloomberg
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Mortgage rates in the U.S. declined, giving homebuyers a crack at the lowest borrowing costs in more than three years.
The average rate for a 30-year fixed mortgage was 3.45%, down from 3.51% last week and the lowest since July 2016, Freddie Mac data showed Thursday. The 15-year average slipped to 2.97% from 3%.