Mortgage rates see first drop in 6 weeks, falling to 7.18%
By Prashant Gopal | Bloomberg Mortgage rates in the US fell for the first time in six weeks, while sticking close to a two-decade high. The average for a 30-year, fixed loan slipped to 7.18%, Freddie Mac said in a statement Thursday. Last week, rates hit 7.23%, the highest level since May 2001. See more:…
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