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News  ›  GlobeNewswire Inc.

Mortgage Rates Continue to Trend Down

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Sam Khater
Mortgage Rates Continue to Trend Down

Freddie Mac's latest Primary Mortgage Market Survey shows 30-year fixed-rate mortgage averaging 6.17%, decreasing for the fourth consecutive week and indicating growing homebuyer market activity.

Insights
WFC   neutral

Mentioned as an example of a common stock, with no specific analysis provided


FMCC   positive

Rates are declining, homebuyers are increasingly entering the market, suggesting improved market conditions and potential growth