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               Average US 30-year Mortgage Rate Falls to New Low

   by Associated Press

    Long-term U.S. mortgage rates fell this week to new lows for the year,
   pushed down by financial tumult in Europe.

   Mortgage giant Freddie Mac says the average 30-year fixed rate mortgage
   fell to 3.41 percent from 3.48 percent a week ago. A year ago, the
   30-year rate stood at 4.04 percent. The 15-year mortgage rate dropped
   to 2.74 percent, down from 2.78 percent last week and 3.20 percent a
   year ago.

   The rate on five-year adjustable rate mortgages slipped to 2.68 percent
   from 2.70 percent last week.

   After Britain's recent vote to leave the European Union, worried
   investors fled to the safety of U.S. bonds, driving down long-term U.S.
   rates.
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   [1]http://www.voanews.com/content/average-us-30-year-mortgage-rate-fall
   s-to-new-low/3407948.html

References

   1. http://www.voanews.com/content/average-us-30-year-mortgage-rate-falls-to-new-low/3407948.html