Mortgage rates have hit 7.03%, resulting in a sixth consecutive drop
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Freddie Mac’s chief economist says the 30-year fixed-rate loan needs to drop more, but the drop in rates to 7.02% is a welcome relief from last week’s average of 7.22%. Home loan financing costs have decreased as the average long-term US mortgage rate hit a four-month low, according to reports from Los Angeles. The average […]