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Macro

Freddie Mac: US 30-Year Mortgage Rate Falls Fourth Straight Week to 7.11%

Freddie Mac said the U.S. 30-year fixed mortgage rate fell to 7.11% last week, marking the fourth consecutive weekly decline. The figure reflects the government-sponsored enterprise’s weekly primary mortgage market survey.

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AI take

Four straight weekly declines in Freddie Mac's benchmark signals a steady easing in primary mortgage pricing, a shift that matters most to prospective homebuyers and rate-sensitive housing demand rather than crypto or RWA markets directly. The survey is a lagging weekly snapshot, so its relevance lies in whether the downward trend persists rather than in any single print. The open question is whether this easing continues or stalls, and whether it feeds through to housing activity in subsequent data.

Generated by AI for reference only.

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