The decline brings the average long-term mortgage rate to 6.19% from 6.23% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.69%.

Many investors believe further interest rate cuts in December are guaranteed. Dividend stocks like Plains All American ...

The average 30-year mortgage rate was 6.19% for the week through Wednesday, from 6.23% a week earlier. Since October, ...

Rates on 30-year mortgages slipped to 6.19% from 6.23% last week, close to its lowest point this year. Borrowing costs on 15-year loans averaged 5.44%.

US private-sector hiring data released Wednesday painted a downcast picture of the job market in the world’s biggest economy, especially among small businesses.

The market continues a calm run following weeks of sharp swings for stocks, which struggled with worries about overinvestment in AI.