U.S. mortgage rates eased slightly this week, reaching their lowest level in nearly 10 months, a development that could provide some relief to homebuyers after two years of elevated borrowing costs. According to Freddie Mac's latest Primary Mortgage Market Survey, the average rate on a 30-year fixed mortgage slipped to 6.56% as of August 28, 2025, edging down from 6.58% a week earlier. While the decline is...