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After weeks pinned at 6.5%, mortgage rates finally blinked. The average 30-year fixed rate dipped to 6.43% — a seven-week low — as the Iran conflict wound down and oil prices fell below $70 a barrel. Freddie Mac confirmed the drop, and the relief is measurable: total pending home sales hit 429,242, up from 396,741 a year ago, per HousingWire data. Improved mortgage spreads kept rates from breaching the catastrophic 7% threshold, while wage...
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