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Freddie Mac's chief economist said rates will continue to go down as inflation decelerates. Mortgage rates are at the lowest level since May.
LOS ANGELES — The average long-term U.S. mortgage rate eased this week, welcome news for prospective homebuyers as the spring homebuying season approaches.
The average rate on a 30-year mortgage fell to 6.63% from 6.69% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.09%.
Borrowing costs on 15...
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