Mortgage Rates Down, Mortgage Applications Up, Home Flipping Cools

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On The Mortgage Front Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.31% as of Dec. 15, down from last week when it averaged 6.33%. The 15-year fixed-rate mortgage averaged 5.54%, down from last week when it averaged 5.67%. โ€œMortgage rates continued their downward trajectory this week, as softer inflation data and a modest [โ€ฆ]