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business3h ago
Mortgage Rates Dip Back Into The 5's
Mortgagenewsdaily.com and 1 more
- MortgageRates on 30-year fixed fall to 5.99%, matching the lowest since 2022.
- Bond market improvements have helped mortgage rates ease, barring a reversal.
- Refinancing activity sees a lift as rates ease.
- Lenders note rate quotes vary with upfront costs and borrower profile.
- Buyers may gain purchasing power as rates stay lower for spring.
- Experts caution about potential rate reversals if bond market falters.
- Monthly payments differ by down payment and loan terms.
- January and February data show cautious optimism for housing market.
- Educational tools help borrowers compare rates with local lenders.
- Market context tied to inflation, tariffs, and GDP signals.
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