US Housing Market

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Mortgage Rates Just Dropped to 6.47%—Is This the Window Homebuyers Have Been Waiting For?

This week saw a slight fall in the mortgage rates, thus providing some breathing room to American citizens who are dealing with a very costly housing market. According to the article, the rate for the 30-year fixed mortgage fell to 6.47% for the week ending June 18, compared to 6.52% in the previous week. Although the difference is insignificant, it counts in a very sensitive market.It seems like the...