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Mortgage Rates Trend Down

November 16, 2023 by Ruth Whitney Bowe

November 16, 2023
For the third straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower inflation and lower mortgage rates should likely bring more potential homebuyers into the market.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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