Mortgage rates will drop below 3% by year-end as their record decline continues, Fannie May says

Business Insider

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· *Mortgage rates are set to continue their historic decline, and will likely breach 3% later this year, according to Fannie Mae.*
· *The 30-year fixed mortgage rate is already sitting at record lows of 3.03%, which has helped spur home purchases and refinances even amid a recession caused by the COVID-19 pandemic.*
· *As...

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