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Mortgage Rates Increase

July 3, 2024 by Jim Emond

July 3, 2024
Mortgage rates increased this week, coming in just under seven percent. Both new home and pending home sales are down, causing active listings to rise. We are still expecting rates to moderately decrease in the second half of the year and given additional inventory, price growth should temper, boding well for interested homebuyers.

Information provided by Freddie Mac.

Filed Under: Interest Rates

Information Deemed Reliable But Not Guaranteed
Licensed In MN

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