Average Rate on 30-Year Mortgage Eases for 2nd Week in

The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
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The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
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The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.