US mortgage rates tick lower: What this means for homebuyers

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Thu, Feb 20, 2025, 9:23 AM

US mortgage rates move lower this week, the 30-year fixed rate mortgage ticking down from 6.87% to 6.85% as reported by Freddie Mac. Yahoo Finance senior housing reporter Claire Boston joins Wealth host Brad Smith to talk more about the mortgage data and a Redfin report that may illustrate that homebuyers have more bargaining power now.

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This post was written by Luke Carberry Mogan.