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Mortgage rates have fallen slightly, with the 30-year fixed rate dropping to 6.85%, offering a modest reprieve to homebuyers facing affordability challenges in an uncertain economi ...

If you expect mortgage rates to drop after locking in your rate, having a float-down option can help you take advantage of a ...

The average rate on the 30-year fixed mortgage fell this week to 6.85%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.89%.