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News  ›  GlobeNewswire Inc.

Mortgage Rates Continue to Trend Down

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Sam Khater
Mortgage Rates Continue to Trend Down

Freddie Mac's latest Primary Mortgage Market Survey shows 30-year fixed-rate mortgage averaging 6.17%, decreasing for the fourth consecutive week and indicating growing homebuyer market activity.

Insights
WFC   neutral

Mentioned as an example of a common stock, with no specific analysis provided


FMCC   positive

Rates are declining, homebuyers are increasingly entering the market, suggesting improved market conditions and potential growth