Mortgage rates are falling in anticipation of what could be the Federal Reserve's last rate cut for a while.

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Mortgage Rates Nose-Dive as Another Fed Cut Looms. Today's Mortgage Rates, Dec. 13, 2024 - CNET Money

Average rate on 30-year mortgage hits 6.6%, its lowest level since late October and the third straight weekly decline

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The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers during what's typically a less competitive time of the year for the housing market.

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Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

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WASHINGTON >> Mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months.

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30-year mortgage rate hits lowest level in nearly 2 months | Honolulu Star-Advertiser

WASHINGTON (Reuters) –     U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The average rate on the popular 30-year fixed-rate mortgage fell to 6.60%, the lowest level since the week ending Oct. 24, from 6.69% last week, mortgage finance agency Freddie Mac said on Thursday. It has now declined for three straight weeks. The rate averaged 6.95% du…

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US 30-year fixed-rate mortgage falls to 6.60%

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers during what’s typically a less competitive time of the year for the housing market.

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Average mortgage rate falls for third straight week

AP Business Writer The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row. That’s a welcome trend for prospective homebuyers during what’s typically a less competitive time of the year for the housing market. Mortgage buyer Freddie Mac said Thursday that the rate dropped to 6.6% from 6.69% last week. A year ago, the rate averaged 6.95%. Mortgage rates are influenced by several factors, including the moves in the…

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The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, welcome relief for prospective homebuyers during what's typically a less competitive time of the year for the housing market. The rate dropped to 6.6% from 6.69% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.95%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan t…

Mortgage Rates Nose-Dive as Another Fed Cut Looms. Today's Mortgage Rates, Dec. 13, 2024 - CNET Money

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