By ALEX VEIGA, AP Business Writer

The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year.

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The average long-term mortgage rate ticked up to 6.26% from 6.24% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.84%.

Three weeks ago, the average rate was at 6.17%, its lo

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