13-08-2026 19:12 via foxbusiness.com

Mortgage rates fall for first time in 6 weeks

Mortgage rates fell for the first time in six weeks, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.67% from last week's reading of 6.69%. The average rate on a 30-year loan was 6.58% a year ago.SLOWING LABOR MARKET CREATES NEW HURDLE FOR FIRST-TIME HOMEBUYERS FACING AFFORDABILITY SQUEEZE"Housing affordability has improved from a year ago, and recent in
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