Mortgage Rate FREE FALL: Why are Mortgage Rates Still Declining?

Mortgage rates have fallen for the 5th straight week as the 30 year mortgage continues to decline. Interest rates on home loans rose sharply in 2022 but since October they have been falling steadily down more than 20% from the high of over 7.5%. Mortgage rates will likely continue to decline in 2023 as home buyer demand picks up.

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