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What happened to mortgage rates this week? There’s room ‘to fall further’

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A “For Sale” sign is posted in front of a single-family home on Oct. 27, 2022, in Hollywood, Florida. (Joe Raedle/Getty Images/TNS)

The average rate on 30-year fixed mortgages retreated to 7.41% this week, down from 7.55% the previous week, according to Bankrate’s weekly national survey of large lenders.


Originally published at Tribune News Service

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