Mortgage Rates Down for Sixth Week in a Row, but Rather Than Listing, Homeowners Are Refinancing

After falling for six weeks in a row, the 30-year fixed-rate mortgage averaged 6.27% as of December 22, down 4 basis points from the previous week, Realtor.com reports. Rate drops come at an especially pivotal time for the housing market in the midst of a nationwide price correction paired with a seasonal slowdown, but rather
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