Average long-term mortgage rate at lowest level in six weeks

Average long-term mortgage rate at lowest level in six weeks

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The average long-term U.S. mortgage rate inched down this week to its lowest level in six weeks, just as the spring buying season gets underway. Mortgage buyer Freddie Mac reported today that the average on the benchmark 30-year rate fell for the third straight week, to 6.32%, from 6.42% last…

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