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US mortgage rates fall as Fed cuts interest rates
Oct 9, 2025

30-year US mortgage rate falls to 6.3% lowest in a year

The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. The modest drop brings the average rate back to […]

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