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Average long-term US mortgage rates tumble to 6.61%

| November 17, 2022 11:10 AM

By MATT OTT

AP Business Writer

WASHINGTON — The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months...

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