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Myb News · Nov 3, 2026

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The average 30-year fixed mortgage rate just dropped to 7.24% Freddie Mac, a government-backed home loan company, reports rates fell for a second straight week from 7.4% two weeks ago. Federal Reserve Chair Kevin Warsh says financial conditions have tightened for households and businesses. These elevated rates continue to keep monthly payments steep for home buyers. For the full story

*The average 30-year fixed mortgage rate just dropped to 7.24%* Freddie Mac, a government-backed home loan company, reports rates fell for a second straight week from 7.4% two weeks ago. Federal Reserve Chair Kevin Warsh says financial conditions have tightened for households and businesses. These elevated rates continue to keep monthly payments steep for home buyers. *For the full story* https://mybnews.com/a/mortgage-rates-fall-for-second-straight-week-to-7-24-according-to-fred

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