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Mortgage Rates Continue to Decrease

May 16, 2024 by Marty Siegal

May 16, 2024
Mortgage rates decreased for the second consecutive week. Given the news that inflation eased slightly, the 10-year Treasury yield dipped, leading to lower mortgage rates. The decrease in rates, albeit small, may provide a bit more wiggle room in the budgets of prospective homebuyers.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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