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The 30-Year Fixed-Rate Mortgage Continues its Downward Trend

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The 30-Year Fixed-Rate Mortgage Continues its Downward Trend

by

June 27, 2024
The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months. By historical standards, the economy is in good shape, and we expect rates to continue to come down over the summer months, bringing additional homebuyers back into the market.

Information provided by Freddie Mac.

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