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“Mortgage Rates Drop Amid Bank Sector Volatility and US Central Bank Plans”

By the Numbers: Mortgage rates edged down on banking sector volatility and US central bank indication it would halt interest rate hikes

The 30-year fixed-rate mortgage averaged 6.39% as of May 4, according to data released Thursday by Freddie Mac.

That’s down 4 basis points from the previous week – one basis point…

2023-05-06 18:04:12
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