Mortgage Rates Decline for Third Straight Week, but Headwinds Remain

by Beth McGuire

Mortgage rates have reached their lowest point since mid-March but economists worry inflation and economic uncertainty caused by tensions in the Middle East will result in temporary decreases versus more sustained stability.  The average mortgage rate ticked down 7 basis points to 6.23%, down from 6.30% last week, according to the latest Primary Mortgage Market… The post Mortgage Rates Decline for Third Straight Week, but Headwinds Remain appeared first on RISMedia.
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