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Mortgage Rates Continue to Drop

August 29, 2024 by Ruth Whitney Bowe

August 29, 2024
Mortgage rates fell again this week due to expectations of a Fed rate cut. Rates are expected to continue their decline and while potential homebuyers are watching closely, a rebound in purchase activity remains elusive until further declines are seen.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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