Mortgage Rates Decline After String of Increases

May 29, 2024May 29, 2024| socalhomeviewerMortgage Rates Decline After String of Increases| 0 Comment| 4:00 pm
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Borrowing costs for 30-year and 15-year mortgages decreased this week to 7.09% and 6.38% respectively after five weeks of increases. The drop in rates comes as a relief for homebuyers facing high housing prices and a shortage of homes for sale.

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