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April 4, 2025

Average rate on a 30-year mortgage dips to 6.64%

By ALEX VEIGA
AP Business Writer

The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season.

The rate fell to 6.64% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.82%.


 
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