Mortgage buyer Freddie Mac reported that the average on the benchmark 30-year rate fell to 6.15% from 6.33% last week.
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.15% from 6.33% last week. A year ago the average rate was 3.56%.
. That pushed the central bank’s key rate to a range of 4.25% to 4.5%, its highest level in 15 years.
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