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The Freddie Mac 30-year mortgage rate dropped again to 6.35% this week. What it means for the housing market 👇 Mortgage rates are easing: Ahead of the anticipated Fed rate cut, rates have edged lower, offering some relief to active buyers. Impact will be gradual: Overall market momentum is likely to move slowly. Most homeowners (81%) have mortgages below 6%, so rates are still too high to encourage many to sell. Inventory remains tight. Looking ahead: After the FOMC meeting, rates could stabili
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