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September 26, 2025

Mortgage rates edge higher after declining four weeks in a row

By ALEX VEIGA
AP Business Writer

The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week slide that brought down borrowing costs for homebuyers to the lowest level in nearly a year.

The rate rose to 6.3% from 6.26% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.08%.


 
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