Mortgage Rates Fall To Another Record Low

Mortgage Rates Fall To Another Record Low

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Business

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The video discusses the current average mortgage rate of 2.8% for a 30-year fixed rate, which has decreased from 3.75% a year ago. It highlights the Federal Reserve's efforts to make home loans more affordable, resulting in increased home sales and new construction.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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