The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.

Wall Street's major averages finished Thursday's volatile trade higher, escaping potential end-of-day losses after U.S.

-- The yield on the 10-year Treasury BX:TMUBMUSD10Y fell 3.9 basis points to 4.515%, from 4.554% on Wednesday. Thursday's closing level was the lowest since Dec. 18, based on 3 p.m. Eastern time ...

U.S. government debt modestly rallied amid month-end buying and economic data showing slower growth on Thursday, pushing long-end rates to their lowest closing levels since December. The 10-year yield ...

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