The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market. The latest decline brought the average rate on a 30-year mortgage down to 7.22% from 7.29% last week,
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