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30-year mortgage rate drops to 6.20%, lowest since Feb 2023, according to Freddie Mac.
The average rate on a 30-year mortgage has dropped to 6.20%, the lowest since February 2023, according to Freddie Mac.
This decline may provide homebuyers and homeowners seeking refinancing with new opportunities in the mortgage market.
Freddie Mac is a government-sponsored enterprise that supports housing market stability by purchasing and guaranteeing residential mortgages.
7 months ago
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