30-year mortgage rates approach all-time lows

July 7, 2016 4:25 PM

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Mortgage rates tumbled in the past two weeks, approaching all-time lows as the U.K.’s vote to leave the European Union drove down Treasury yields.

The 30-year fixed-rate mortgage averaged 3.41% this week, down from 3.48% a week ago and 4.04% a year ago, mortgage giant Freddie Mac said Thursday.

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