Mortgage Rates Post Biggest Drop in More Than 2 Months

Mortgage Rates Post Biggest Drop in More Than 2 Months

Mortgage Rates Post Biggest Drop in Two Months in Independence Day Boost for Buyers Mortgage rates dropped substantially Thursday, as falling oil prices and the tentative U.S.-Iran peace deal pushed long-term borrowing rates lower. The average rate on 30-year fixed home loans fell to 6.43% for the week ending July 2, down 6 basis points
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