Mortgage rates finally sink back below 5% — and prices are cooling off too amid a housing market ‘reset’

Econ & Housing, The Daily Buzz

Mortgage rates finally sink back below 5% — and home prices are cooling off too amid a market ‘reset’ U.S. mortgage rates are tumbling even after the Federal Reserve hiked its benchmark interest rate by 75 basis points last week. In fact, the average rate on a 30-year fixed mortgage has dipped below 5% for…

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