US Mortgage Rates Dip After Weeks of Climbing, But Remain Above 7%

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Source: CNN
US Mortgage Rates Dip After Weeks of Climbing, But Remain Above 7%
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TL;DR

US mortgage rates have dropped after five consecutive weeks of climbing, but they still remain above 7%. This decrease in rates may provide some relief for homebuyers who have been facing rising interest rates in recent weeks.

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