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flag U.S. long-term mortgage rates fell to 6.23%, ending a three-week rise, but remain high.

flag The average U.S. long-term mortgage rate dropped to 6.23% this week, ending a three-week upward trend, according to data from Freddie Mac. flag This decline offers temporary relief to homebuyers facing high borrowing costs, though rates remain elevated compared to pre-pandemic levels.

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