The pullback in rates follows a modest easing in the 10-year Treasury yield, which climbed above 4% two weeks ago for the first time since early March. ![]() High rates can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford in a market already unaffordable to many Americans. ![]() The latest move in rates brings the average slightly below the highest level since it surged 7.08% in early November. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 6.78% from 6.96% last week. ![]() mortgage rate slipped this week to the lowest level in four weeks, a boost for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale. LOS ANGELES (AP) - The average long-term U.S.
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