Mortgage rates dropped to the lowest level since June, offering some reprieve to [a housing market that has been battered](https://ift.tt/azJCEdi) by higher borrowing costs. The average rate on the standard 30-year fixed mortgage fell about a quarter percentage point to 6.67%, according to a survey of lenders released Thursday by mortgage-finance giant Freddie Mac. Mortgage rates are down more than a full percentage point from their recent peak near 8% this fall.
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