Average long-term US mortgage rate eases to 6.3%, back to its lowest level in about a year

Average long-term US mortgage rate eases to 6.3%, back to its lowest level in about a year

The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. The modest drop brings the average rate back to where it was two weeks ago, after a string of declines brought down home loan borrowing costs to t...

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