U.S. mortgage rates slip, giving some relief to homebuyers

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U.S. mortgage rates slip, giving some relief to homebuyers
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The 30-year mortgage rate is averaging at 6.33%, Freddie Mac said in its latest weekly survey on Thursday.

The 30-year fixed-rate mortgage averaged 6.33% as of January 12, according to data released by Freddie Mac on Thursday.

The 30-year fixed-rate mortgage averaged 6.33% as of January 12, according to data released by Freddie Mac on Thursday. What are they saying? “While mortgage rates have resumed their decline, the market remains hypersensitive to rate movements, with purchase demand experiencing large swings relative to small changes in rates,” Sam Khater, chief economist at Freddie Mac, said in a statement.

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