Average rate on a 30-year mortgage in the U.S. falls to 6.69%

A FOR SALE sign stands outside a residence in Chicago, Ill. The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October. /ASSOCIATED PRESS/NAM Y. HUH

The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October.  The rate dropped to 6.69% from 6.81% last week, mortgage buyer Freddie Mac said Thursday. A year ago the rate averaged 7.03%.  Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to

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