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flag U.S. 30-year mortgage rates fall to 6.62%, potentially boosting housing market activity.

flag The average 30-year mortgage rate in the U.S. has dropped to 6.62%, marking a third consecutive week of decline. flag This trend could boost the housing market as lower rates increase homebuyers' purchasing power. flag The 15-year fixed-rate mortgage rate remains at 5.82%. flag This decline follows a period of volatility in the bond market and reflects attempts by the Federal Reserve to control inflation.

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