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Mortgage Rates Continue to Move Down

June 13, 2024 by Glenn Solberg

June 13, 2024
Mortgage rates continued to fall back this week as incoming data suggests the economy is cooling to a more sustainable level of growth. Top-line inflation numbers were flat but shelter inflation, which measures rent and homeownership costs, increased showing that housing affordability continues to be an ongoing impediment for buyers on the house hunt.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

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