Average long-term US mortgage rate slips to 6.27%, nearing a low for 2025

The average long-term mortgage rate slipped to 6.27% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.44%. The latest dip brings the average rate to just above 6.26%, where it was four weeks ago after a string of declines brought down home loan borrowin...

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