Freddie Mac reports the 30-year fixed rate has dropped to 5.08%.
Low mortgage rates encourage homeowners to refinance and first time buyers to take the
The bond market has ignited a spike in mortgage rates and that could snuff out the recent increase in home sales. - Freddie Mac reports the 30-year fixed rate has dropped to 5.08%.
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Potential buyers got some extra motivation on Tuesday when mortgage interest rates dropped another half percent. Priya David reports.
