Editor’s Note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has periodically made changes to its Primary Mortgage Market Survey, changed the source of its data as of November 17, 2022. Instead of surveying lenders, the weekly results will be based on applications received by lenders that are submitted to Freddie Mac. Find more about Freddie Mac’s change here.
Mortgage rates dipped again this week, marking the third straight week of falling rates.
The 30-year fixed-rate mortgage averaged 6.49% in the week ending December 1,
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