The global correlation in the observed variation with mass number of the E2 and summed M1 transition strengths is examined for rare-earth nuclei. It is shown that a theory of correlated 5 and D fermion pairs with a simple pairing plus quadrupole interaction leads naturally to this universality. Thus a unified and quantitative description emerges for low-lying quadrupole and dipole strengths.PACS numbers: 23.20. Gq, 21.10.Re, 27.60.+j, 27.70.+q When seemingly unrelated physical quantities exhibit similar empirical behavior (a universality), one suspects