Mortgage Rates Plunge to 6.47%—the Lowest in Over a Year—as 'Buyer-Friendly Trend' Revs Up

By Julie Taylor Aug 8, 2024 Envelope Facebook Twitter Linkedin Pinterest Share Mortgage rates sank this week, with the average rate for a 30-year fixed home loan going from 6.73% last week to 6.47% for the week ending Aug. 8, according to Freddie Mac. “Mortgage rates plunged this week to their lowest level in over

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