Mortgage rates continue trending down before Christmas
Housing Wire
DECEMBER 21, 2023
Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. Some prospective homebuyers were simply priced out of the market.
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