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Brief Drop in Mortgage Rates Points to Another False Start for the Housing Market — Photo by Jakub Zerdzicki on Pexels

mortgage rate drop

Mortgage Rate Drop Myths Cost First‑Time Buyers

Mortgage Rate Drop Myths Cost First-Time Buyers Brief rate dips do not automatically lower the total cost of a mortgage for first-time buyers; chasing a 0.2% dip can lead to higher payments when the dip fades. 6.55% is the current average annual mortgage rate, according to the latest