Mortgage Rates in the US Show Signs of Decline, with a Forecast for Slight Decrease Next Week
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#fd4fc180 ver:0.8

US mortgage rates show signs of decline, breaking a 5-week streak of increases. The average rate on a 30-year mortgage fell to 7.09% from 7.22% last week. However, rates remain relatively high, posing challenges for homebuyers. The Federal Reserve's interest rate policy and the labor market are key factors influencing mortgage rates. Despite the decline, it may still be a good time to buy a home as rates are historically lower. Careful consideration and research are advised before applying for a home equity line of credit. Freddie Mac expects higher rates to impact future growth and forecasts a small increase in home sales. #mortgagerates #housingmarket #economy...

#newstr #MortgageRates #HousingMarket #FederalReserve #EconomicReports #HomeownershipCosts 

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