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Mortgage Rates Drop Present Opportunities For Homebuilders
Thursday, December 12, 2024 - 7:26pm | 574Fixed-rate mortgage rates have steadily declined, marking a third consecutive week of decrease. Freddie Mac's data shows that 30-year fixed-rate mortgage now averages 6.60%, significantly lower than the 6.95% rate from a year ago. "The combination of mortgage rate declines, firm consumer income...