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Mortgage Rates Just Saw Their Biggest Drop in a Year - Silicon Valley Real Estate News

Summary by Silicon Valley Real Estate News |

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year. What Sparked the Drop? According to Mortgage News Daily, this was a reaction to the August jobs report, which came out weaker-than-expected for a second month in …

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3 Articles

Pacific Financial Mortgage and Real Estate

Did You Miss It? Mortgage Rates Are at Their Lowest Point in Almost a Year

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21 hours ago

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economx.hu

Haven't Seen This in the Us in Almost a Year

The average interest rate on a 30-year fixed-rate mortgage has fallen to its lowest since October last year, according to recent data. The lowest interest rate in the United States since October last year ... ...

23 hours ago

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