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US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

07/07/202207/07/2022 Builder Developer

US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week.

Read More

Bloomberg

https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008

  • ← Institutional Buyers Accounted for 13% of Residential Sales
  • Housing Begins to Slow as Financial Conditions Tighten →

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