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Mortgage Rates Drop to Lowest Level of 2025, Boosting Homebuyer Optimism

Name: Mortgage Rates Drop to Lowest Level of 2025, Boosting Homebuyer Optimism
Uploaded: 2025-10-23T16:45:00-07:00
Channel: NBC Palm Springs
Description: Mortgage rates just hit their lowest point of the year — dropping to 6.19% — giving hope to homebuyers after months of high borrowing costs. Economists say this could signal renewed activity in the housing market as affordability begins to improve.

By: CNN Newsource

October 23, 2025

mortgage rateshousing marketFreddie Machome pricesFederal ReserveZillow30year fixed mortgagereal estatehomebuyersaffordability

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