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Freddie Mac: Mortgage rates below 4% are a glimmer of hope in a rebounding market 

May 30, 2019By

As economic tension continues to mount, mortgage rates have dropped below 4% to the lowest level in more than a year, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said although financial sentiment is weakening, cheaper financing should give a boost to the housing market.