Mortgage Rates Hit 2025 Low, Sparking Refinance Rush

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Source: PBS
Mortgage Rates Hit 2025 Low, Sparking Refinance Rush
Photo: PBS
TL;DR Summary

The average 30-year U.S. mortgage rate has fallen to its lowest in nearly 10 months at 6.58%, providing some relief for homebuyers and boosting refinancing activity, although high home prices and inflation concerns continue to challenge affordability and market growth.

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