Breaking News: 30-Year Mortgage Rate Falls to 6.94%

Thursday, 23 May 2024, 16:00

In a significant development, mortgage rates have dipped below 7% for the first time in over a month. Freddie Mac's weekly survey reveals that the 30-year rate now stands at 6.94%. This historic low is expected to impact the housing market and encourage homebuyers to make their move before rates potentially rise again.
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Breaking News: 30-Year Mortgage Rate Falls to 6.94%

Historical Moment: Mortgage Rates Drop Below 7%

In a significant development, mortgage rates have dipped below 7% for the first time in over a month, marking a historic low. Freddie Mac's latest weekly survey revealed that the 30-year rate now stands at 6.94%.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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