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Home Economy

Mortgage rates decrease

February 6, 2025
Reading Time: 1 min read
Mortgage rates fall

The rate for a 30-year fixed-rate mortgage was 6.89% this week, down from last week when it averaged 6.95%, according to Freddie Mac. A year ago, the rate was 6.64%. The rate for a 15-year fixed-rate mortgage was 6.05%, down from last week when it averaged 6.12%. A year ago, the rate was 5.9%.

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