Mortgage rates drop after CPI report, but the housing market is far from out of the woods

Mortgage rates drop after CPI report, but the housing market is far from out of the woods

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The rate on the popular 30-year fixed-rate mortgage fell to 6.28%, but that's still dramatically higher than where it was a year ago. - The decline came after a lower-than-expected reading of the November's consumer price index, or CPI, a widely watched measure of inflation. - "There have been a…

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