Calhoun Commercial Club Building

711 West Lake Street, Minneapolis, MN

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Mortgage Rates Continue to Decrease

December 5, 2024 by Julie Green

December 5, 2024
This week, mortgage rates decreased to their lowest level in over a month. Despite just a modest drop in rates, consumers clearly have responded as purchase demand has noticeably improved. The responsiveness of prospective homebuyers to even small changes in rates illustrates that affordability headwinds persist.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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