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The trend indicates movement in the right direction for homebuyers.
Despite challenges, a busier spring homebuying season is anticipated, with prices continuing to rise steadily.
Higher mortgage rates in 2023 led to an increase in borrowers paying discount points, but the benefits may be limited, says Freddie Mac study.
Lowest level since May 2023.
Distinguished career spanning three decades in law, banking, and finance to join Freddie Mac board.
That's 33 basis points over what they were last year at this time.
