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Market Knowledge • October 15, 2025

Market Update | October 2025

by Jane Kane

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Market Knowledge Mortgage Rates Drop Again: What It Means for Homebuyers and Sellers 📉 Mortgage rates have fallen for the fourth consecutive week, reaching their lowest point in over a year. According to Freddie Mac, the average rate on a 30-year fixed mortgage is now 6.17%, down from 6.19% last week and significantly lower than the 6.72% average during the same period in 2024. This drop follows the […]
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