Mortgage Rates Just Dropped realtor.com/news/trends/mortgage-rates-just-dropped-but-home-prices-have-done-something-even-more-extraordinary Mortgage rates fell again this week, following the Federal Reserve’s decision on Wednesday to not raise interest rates—a much-anticipated break in the wake of 10 consecutive rate hikes over the past year. For the week ending June 15, the average 30-year fixed-rate mortgage rate sank to 6.69%, down from the
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