Mortgage Rates Drop Sharply, Sparking Hope for Spring Housing Market
The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily, down from 6.76% on Friday and a high of 7.05% last Wednesday.[0] This decrease could potentially lead to increased home sales in the spring housing market, and is likely due to the yield on a 10-year […]
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