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The Independent UK
The Independent UK
National
Matt Ott

FOUND: Average long term us mortgage rate lowest since september - You Need To See This

Copyright 2022 The Associated Press. All rights reserved.

The average long-term U.S. mortgage rate fell this week to its lowest level since September, a potential boost to the housing market which has been in decline for nearly a year.

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.15% from 6.33% last week. A year ago the average rate was 3.56%.

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