Mortgage rates fell 18 bps, but that’s of little solace to homebuyers
Housing Wire
JULY 20, 2023
Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac ’s chief economist in a statement.
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