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rate mortgagesABC News
•86% Informative
Average rate on a 30-year mortgage in the U.S. slipped to 6.08% , lowest level in two years .
Rates have been mostly declining since July in anticipation of last week’s move by the Fed to cut its main interest rate for the first time in more than four years .
The last time the average rate was lower was on September 15, 2022 , when it was 6.02% Borrowing costs on 15-year fixed-rate mortgages increased slightly this week .
VR Score
94
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