By ALEX VEIGA, AP Business Writer

MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week slide that brought down borrowing costs for homebuyers to the lowest level in nearly a year.

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The rate rose to 6.3% from 6.26% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.08%.

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