Real Estate & Home

Mortgage Rates Drop to 3.5-Year Low, Offering Buyers a Timely Boost

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Mortgage rates dropped to a 3.5-year low of 6.01%, boosting buyer purchasing power by about 9%. This development, along with declining rents and increased multifamily construction, improves housing affordability and could stimulate home sales during the spring buying season.

Read the full article at Realtor.com Blog

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