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Mortgage Rates Drop Below 6%, Boosting Home Buying

Mortgage Rates Drop Below 6%, Boosting Home Buying

Oakland News Today | 2 Min News | The Daily News Now! · The Daily News Now!

February 27, 20261m 19s

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Show Notes

Mortgage rates plummet to five point nine eight percent, the lowest in three and a half years, offering a significant boost for buyers and sellers ahead of the spring home-buying rush. However, experts caution about a proposed fifty-year mortgage option, warning of potential higher rates and increased interest over time.

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