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Will mortgage rates ever drop to 3% again?
personal finance :: Updated on 2026-06-07 :: source - yahoo finance
By Trea S. Branch
In 2021, the average 30-year mortgage rate fell below 3%. Now, according to Freddie Mac, it’s over 6.25%. If you’re in the market for a mortgage loan, you may be wondering if now is a good time to buy a house or if you should wait until interest rates fall more significantly. When will mortgage rates finally drop back down near the 3% mark?
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