Mortgage Rates Decline with 30-Year Average at 4.34%

Mortgage rates fell for the first time in three weeks, Freddie Mac said today.

The average rate for a 30-year fixed loan was 4.34% this week, down from 4.41% last week.

The average 15-year rate dropped to 3.38% from 3.47%, the McLean, Va.-based mortgage-finance company said in a statement.

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