Average US long-term mortgage rate slips to 6.23%, its third weekly drop

Average US long-term mortgage rate slips to 6.23%, its third weekly drop

The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. The benchmark 30-year fixed rate mortgage rate fell to 6.23% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. One y...

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