By ALEX VEIGA, AP Business Writer
The average rate on a 30-year U.S. mortgage declined again this week, easing to just above its lowest level this year.
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The average long-term mortgage rate slipped to 6.27% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.44%.
The latest dip brings the average rate to just above 6.26%, where it was four weeks ago after a string of declines b