Mortgage Rates Drop Below 7%, Sparking Homebuyer Interest

1 min read
Source: Fox Business
Mortgage Rates Drop Below 7%, Sparking Homebuyer Interest
Photo: Fox Business
TL;DR

Mortgage rates have fallen below 7% for the first time in over a month, with the average rate on a 30-year fixed mortgage dropping to 6.94% and the 15-year fixed mortgage rate falling to 6.24%, according to Freddie Mac's latest survey.

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