Lauren Novak

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Heading into the New Year, Mortgage Rates Remain on a Downward Trend

December 28, 2023
The rapid descent of mortgage rates over the last two months stabilized a bit this week, but rates continue to trend down. Heading into the new year, the economy remains on firm ground with solid growth, a tight labor market, decelerating inflation, and a nascent rebound in the housing market.

Information provided by Freddie Mac.