Mortgage rates in the U.S. fell for a fourth week, with the 15-year average hitting a record low, helping to strengthen the housing recovery.
The average rate for a 30-year fixed mortgage was 3.40 percent in the week ended today, down from 3.41 percent, McLean, Virginia-based Freddie Mac said. The average 15- year rate dropped to 2.61 percent from 2.64 percent.
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