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Archives: June 2024

Understanding Mortgage Interest Rates Over the Past 30 Years

Mortgage interest rates have always been a crucial factor for homebuyers, influencing their purchasing power and the overall cost of homeownership. Over the past three decades, these rates have seen significant fluctuations, reflecting broader economic trends and policy changes. Today, as we see rates around 6.9% for a 30-year fixed mortgage, it’s helpful to put […]