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Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

Source: Forbes --- Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More inflation and economic data needs to be released to know if...