Mortgage rates are declining … slightly. For the week ending April 13, a 30-year fixed mortgage averaged 6.27 percent, down from 6.28 percent the previous week. This marked the fifth consecutive week of declines.
Some analysts now believe that rates could be below 6 percent by the year’s end.
Still, newly listed homes are down 32 percent from last year even as the prime spring market looms.
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