The average long-term US mortgage rate fell to 7.18% this week, easing from more than 20-year high

The average long-term US mortgage rate fell to 7.18% this week, easing from more than 20-year high

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LOS ANGELES -- The average long-term U.S. mortgage rate slipped after climbing for five consecutive weeks to a more than 20-year high, a modest relief for would-be homebuyers challenged by rising home prices and a thin inventory of homes on the market. Mortgage buyer Freddie Mac said Thursday that…

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