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Mortgage rates fall for second week, offering slight relief to homebuyers amid high prices.
The average 30-year fixed mortgage rate in the U.S. has dropped to 6.64%, marking the second consecutive week of decline.
This slight decrease offers a modest boost to potential homebuyers during the spring buying season.
The 15-year fixed rate has also fallen to 5.82%.
Despite these lower rates, the cost of homeownership remains high due to rising home prices, with the typical monthly payment reaching a record $2,802.
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Las tasas hipotecarias caen para la segunda semana, ofreciendo un ligero alivio a los compradores de viviendas en medio de altos precios.