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Mortgage Rates See Mixed Movement Amid Economic Shifts

While some rates drop, others rise following positive job growth and inflation data.

  • 30-year fixed mortgage rates vary between 6.625% and 7.08%.
  • 15-year fixed mortgage rates range from 6.00% to 6.56%.
  • Economic factors like inflation and job reports influence rate fluctuations.
  • The Federal Reserve holds the benchmark rate steady, with potential cuts expected later in the year.
  • Homebuyers are advised to compare lenders to secure the best rates.
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