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flag U.S. long-term mortgage rates hit a three-year low, easing home loan costs and boosting housing market activity.

flag The average U.S. long-term mortgage rate has dropped to its lowest level in over three years, marking a significant shift in housing finance. flag This decline, driven by broader economic trends including reduced inflation and Federal Reserve policy adjustments, makes home loans more affordable for prospective buyers. flag The drop is expected to boost housing market activity in the coming months.

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