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Decline in mortgage rates driven by economic signals, but lenders await further drops.
The GSE seeks to simplify loan originations.
Initiative aims to remove confusion and improve access for homebuyers seeking down payment assistance.
For the fifth straight week mortgage interest rates are down.
30-Year Mortgage Rates Drop to 7.29% as Mortgage Applications Rise by 3%
Decline leads to optimism about a stable rate environment and a potential rise in home sales in the upcoming year.
