Real Estate claims that the 30-year mortgage interest rate in the United States has dropped to its lowest level in a month, and the affordability of home purchases remains high
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According to Freddie Mac, the average interest rate for 30-year fixed rate mortgages in the United States has dropped from 6.52% to 6.47%. The National Association of Realtors (NAR) in the United States reported a 3.8% increase in second-hand home signings in May. According to a Redfin report, the median monthly home payment in the United States rose to $2647 in the four weeks ending June 14, only about $100 lower than the historical record set in 2023.