The average rate on a 30-year fixed mortgage fell this week to 6.47%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.52%.
The average 30-year fixed mortgage rate dropped this week to 6.47%, marking its lowest level in over a month. This decline from last week's 6.52% offers some relief to prospective homebuyers. The decrease reflects broader market shifts.
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