Mortgage rates have dropped again, to their lowest level since May.
According to Freddie Mac, the average rate on a 30-year fixed rate mortgage was 3.84 percent Thursday, down from 3.93 the week before, the lowest since May 21.
15-year fixed rates, meanwhile, dropped to 3.06 percent from 3.15.
The decline was driven at least in part by market turmoil that originated in China following that country's move to modestly devalue its currency.
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