Mortgage rates fell for the third consecutive week, helping to revive some buyer interest.
The rate on the average 30-year fixed mortgage declined to 6.15% from 6.33% a week prior, according to Freddie Mac. Rates have fallen more than three-quarters of a point since mid-November, as signs that inflation is finally cooling strengthen the chances that the Federal Reserve will slow down its aggressive rate hikes this year.
The dip in rates is a boon to homebuyers, especially first-timers, who are…
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