Mortgage rates beginning to slowly descend, reach lowest level since June

Mortgage rates beginning to slowly descend, reach lowest level since June

Sky-high mortgage rates that terrified off some seemingly dwelling-consumers this year are slowly beginning to descend. Charges are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief monetary analyst at Bankrate, joined CBS Data to talk about how a lot decrease rates could per chance traipse.

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