Real Estate

US Mortgage Rates Fall to Lowest Since October, Hitting 6.69%

Residential homes in Discovery Bay, California.

Photographer: David Paul Morris/Bloomberg
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Mortgage rates in the US fell for a second straight week.

The average for a 30-year fixed loan was 6.69%, the lowest since Oct. 24 and down from 6.81% last week, Freddie Mac said in a statement Thursday.