Pursuits
U.S. Mortgage Rates Fall Amid Turmoil in Greece and China
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Mortgage rates for 30-year loans in the U.S. fell for the first time in three weeks as investors worried about political and financial turmoil in Greece and China turned to the relative safety of American debt.
The average rate for a 30-year fixed mortgage was 4.04 percent, down from a 2015 high of 4.08 percent last week, Freddie Mac said in a statement Thursday. The average 15-year rate dropped to 3.2 percent from 3.24 percent, according to the McLean, Virginia-based mortgage-finance company.