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Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

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The Atlanta Journal-Constitution
June 4, 2026
Mortgage RatesSource: GNews
Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the benchmark 3

FILE - A "For Sale" sign is displayed outside a home on Friday, July 11, 2025, in Portland, Ore. (AP Photo/Jenny Kane, File)By ALEX VEIGA – AP Business WriterUpdated 12 hours agoShare

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers.

The benchmark 30-year fixed rate mortgage rate fell to 6.48% from 6.53% last week, mortgage buyer Freddie Mac said Thursday. The average rate remains below 6.85%, where it was a year ago.

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Originally published by The Atlanta Journal-Constitution

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