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Average long-term U.S. mortgage rate eases to 6.81%, the third consecutive weekly decline

Average long-term U.S. mortgage rate eases to 6.81%, the third consecutive weekly decline

The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.

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