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Mortgage rates fall for fifth straight week, lowest since mid-April
The average rate on the 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.77%.
The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says
America’s housing market is flashing red on multiple fronts, with affordability at its worst in years and little relief in sight. From elevated mortgage rates to general lack of affordability to a death of first-time home buyers,
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Mortgage rates fall and applications rise in June, Stonebridge says
Average mortgage rates in June are 62 basis points down on the same period last year and mortgage applications are up 41.7% year-on-year.
Mortgage rates continue to fall, providing relief to homebuyers
Investing.com -- Mortgage rates in the U.S. decreased for the fifth consecutive week, with the 30-year fixed-rate mortgage averaging 6.67% as of Wednesday, according to Freddie Mac (OTC: FMCC )’s Primary Mortgage Market Survey.
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