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Key U.S. Mortgage Rate Drops to Lowest Since March, Freddie Mac Says
Reuters, July 19, 2024–Makailah Gause
The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since mid-March this week, a welcome development for a housing market struggling to find its footing and one that may continue if the Federal Reserve cuts rates as expected in the months ahead.
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