Average long-term U.S., mortgage rate falls to lowest level in 5 weeks 

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THE AVERAGE long-term U.S. mortgage rate fell this week to its lowest level in five weeks. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 6.35% from 6.39% last week. /ASSOCIATED PRESS PHOTO / GENE J. PUSKAR
LOS ANGELES (AP) – The average rate on a long-term U.S. home loan is down to the lowest level in five weeks, welcome news for house hunters facing a market constrained by persistently high prices and a near-historic low number of homes for sale.  Mortgage buyer Freddie Mac said Thursday that the average rate on the…

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