Average Mortgage Rates Fall Below 6%
January 10, 2025
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New data reveals that average rates for two- and five-year fixed-rate mortgages have fallen below 6% for the first time in two months. According to
New data reveals that average rates for two- and five-year fixed-rate mortgages have fallen below 6% for the first time in two months. According to financial information service Moneyfacts, the average two-year fixed-rate mortgage is now at 5.99%, with further reductions expected. Meanwhile, the average five-year fixed-rate mortgage dropped below 6% nearly two weeks ago…
New data reveals that average rates for two- and five-year fixed-rate mortgages have fallen below 6% for the first time in two months. According to
The cost of a mortgage can vary widely depending on several key factors. Let’s break it down: 1. Interest RateThe interest rate plays a major
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