Mortgage rates fall to 6.33% in biggest drop since early December
Briefly

Bloomberg photo by Paul Yeung Mortgage rates in the U.S. reversed course after two weeks of increases.The average for a 30-year, fixed loan was 6.33%, down from 6.48% last week, Freddie Mac said in a statement Thursday.It was the biggest drop since early December.The housing market slowed drastically last year as borrowing costs surged, sidelining many would-be buyers.
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