Mortgage rates fall to lowest level since September 2022 — giving ‘much-needed boost' to housing market

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Mortgage rates fall to lowest level since September 2022 — giving ‘much-needed boost' to housing market
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The 30-year mortgage rate is averaging at 6.15%, Freddie Mac said in its latest weekly survey on Thursday.

The 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, according to data released by Freddie Mac FMCC on Thursday.The 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, according to data released by Freddie Mac FMCC on Thursday.

What are they saying? “As inflation continues to moderate, mortgage rates declined again this week,” Sam Khater, chief economist at Freddie Mac, said in a statement.

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