30-Year Mortgage Rates Fall Again
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Mortgage rates, including the 30-year fixed, have decreased, with the average rate now at 6.87%. This is a decline from recent highs and reflects broader economic influences, such as Federal Reserve policies. Rates vary by lender, so shopping around is advised.
February 14, 2025 | 3:30 pm
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Zillow's mortgage rate data shows a decline in 30-year fixed rates to 6.87%, reflecting broader economic trends. This could influence consumer behavior in the housing market.
Zillow provides mortgage rate data, and a decrease in rates can lead to increased consumer interest in home buying, potentially benefiting Zillow's business. The decline in rates is significant as it follows a period of high rates, which may have previously deterred buyers.
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