30-year mortgage rates drop to 6.6%, marking their lowest point since late October with a third consecutive week of decrease.

In McLean, Virginia, the average interest rate for a 30-year mortgage has dropped to 6.6%, marking its lowest point since late October.
This decrease represents the third consecutive week of declines in mortgage rates, indicating a positive trend for potential homebuyers.
The ongoing reduction in rates could encourage more individuals to enter the housing market, adjusting their financial planning in response to these favorable conditions.
The lowered mortgage rates may also influence decision-making for current homeowners looking to refinance their loans, offering them new opportunities to improve their financial situations.
As the market continues to fluctuate, it will be important for consumers to keep a close watch on these changes and consider how they may impact their home buying or refinancing strategies in the coming weeks.