Mortgage rates drop in response to easing inflation: Freddie Mac

Mortgage rates drop in response to easing inflation: Freddie Mac

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Mortgage rates finally reacted to improving inflation by dropping, reversing several weeks of increases. Still, there was no relief from the low housing supply issue challenging homebuyers, according to Freddie Mac. The average 30-year fixed-rate mortgage decreased to 6.78% for the week ending…

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