Mortgage rates will dip below 6% this year amid a stronger housing-market rebound, Fannie Mae says

Mortgage rates will dip below 6% this year amid a stronger housing-market rebound, Fannie Mae says

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The housing market will thaw faster than expected with mortgages dipping below 6% later this year, according to Fannie Mae, which sharply revised its forecasts from just a month ago.

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