The average longterm US mortgage rate slips to 776 in first drop after climbing 7 weeks in a row Seymour Tribune

LOS ANGELES (AP) — The average rate on the benchmark 30-year home loan fell slightly this week, ending a seven-week climb — modest relief for prospective homebuyers grappling with an increasingly unaffordable housing market. The decline brought the average rate on a 30-year mortgage down to 7.76% from 7.79% last…Read More

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