Mortgage rates edge lower; 30-year rate at 4.71 percent

Long-term U.S. mortgage rates edged slightly lower this week, taking a pause after five straight weeks of increases. Costs for would-be homebuyers have been climbing, and the key 30-year rate has been running at its highest levels in more than seven years. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ticked ...

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Mortgage rates edge lower; 30-year rate at 4.71 percent

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