Mortgage rates edge lower, hover near 6%

Mortgage rates inched lower this week, mortgage buyer Freddie Mac said Thursday.

Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage slipped to 6.09% from last week's reading of 6.11%. 

The average rate on a 30-year loan was 6.87% a year ago.

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