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Mortgage Rates Fall to Lowest Level Since October 2024

Mortgage Rates Fall to Lowest Level Since October 2024

What happened to mortgage rates this week: The Freddie Mac 30-year fixed mortgage rate fell 4 basis points to 6.19% this week as markets looked to upcoming economic data for signals ahead of next week’s Federal Reserve meeting. A December rate cut, which the market widely expects, could take further pressure off of mortgage rates
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