U.S. 30-year mortgage rates fall to 6.6%, lowest since October, potentially boosting home sales.

The average rate for a 30-year mortgage in the US has dropped to 6.6%, its lowest level since late October, marking the third straight week of decline. This trend could potentially boost home sales, though many experts predict rates will remain above 6% next year. Despite the decline, high mortgage rates and rising home prices continue to challenge affordability for many potential buyers.

3 months ago
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