Mortgage rates tick lower, an encouraging sign for homebuyers

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US mortgage rates have ticked lower for the second consecutive week, the 30-year fixed-rate mortgage slipped from 6.81% to 6.69% as reported by Freddie Mac.

Yahoo Finance senior housing reporter Claire Boston joins Brad Smith on Wealth, while also addressing the boost in mortgage applications in the final weeks of 2024.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.