A sign announces newly built homes at a development in Sudbury, Ma., on Sunday, March 12, 2023. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates.
The average long-term U.S. mortgage inched back down this week after five straight weeks of increases, good news for homebuyers as the housing market’s all-important spring buying season gets underway.
And the AP comes in to put lipstick on the pig.
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