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Average US Long-Term Mortgage Rate Dips to Where It Was 3 Week Ago, Just Above 6%
U.S. home sales fell 8.4% to 3.91 million units in January, the lowest since December 2023, as mortgage rates edged down to 6.09%, Freddie Mac said.
Summary by The Billings Gazette
3 Articles
3 Articles
Average US long-term mortgage rate dips to where it was 3 week ago, just above 6%
The average long-term U.S. mortgage rate is holding at just above 6% after reversing a modest uptick in recent weeks just as the housing market closes in on the spring homebuying season.
·Billings, United States
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Mortgage rates edge lower, hover near 6%
Mortgage rates inched lower this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage slipped to 6.09% from last week's reading of 6.11%. The average rate on a 30-year loan was 6.87% a year ago.HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE"Bolstered by strong economic growth, a solid labor market and mo…
·United States
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Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
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