Mortgage rates edged down over the long weekend with the 30-year fixed rate mortgage average slipping to near 6.25%. The jumbo and the 15-year fixed also edged down over the holiday weekend. As I mentioned previously, any ability to grab a mortgage when the national average is near 6% was a great opportunity. As things shore up for Fannie Mae and Freddie Mac, we may see a symbolic easing of the mortgage loan market.
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