The rate on a 30-Yr fixed-rate mortgage averaged 6.58% for the week ending Nov 23. This is the 2nd week in a row that the 30-Yr rate ↓, moving 0.03 percentage points lower. Still, the 30-Yr rate is still 2X the avg seen at the start of 2022. The current rate for a 15-Yr fixed-rate mortgage is 5.90%, ↓ 0.08 percentage points WoW.
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