Mortgage Rates Fall Below 7% to Kick Off March

March 8, 2024

Yahoo Finance, March 7, 2024–Rebecca Chen
Mortgage rates retreated to the 6% range this week as waning inflation data gives homebuyers a glimmer of hope.

The average rate for a 30-year mortgage inched below the 7% mark for the first time since mid-February, settling at 6.92% on Thursday, according to Mortgage News Daily.
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