US mortgage rates have fallen to their lowest level since last May - offering much-needed respite to overstretched homebuyers.New figures from Government-backed lender Freddie Mac show the average rate on a 30-year fixed-rate home loan is now 6.6 percent, down from 6.66 percent last week.Yet despite the good news, buyers still face shelling out an extra $700 a month than if they had bought two years ago.
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