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Stock impact report

3 mortgage rate mistakes borrowers should avoid this March [CBS News]

Federal Home Loan Mortgage Corporation (FMCC) 
NASDAQ:AMEX Investor Relations: freddiemac.com/investors
Company Research Source: CBS News
Interest rates here were hovering near record lows at this point in 2020 … but then they were near their highest level in decades in 2023 … and then they declined again both in 2024 and 2025. Currently, mortgage rates are around their lowest level in multiple years , with the anticipation being that they will decline further as the year progresses and market conditions evolve. But that's not a guarantee and, as borrowers have learned all too well in recent years, it's important to take advantage of lower mortgage rates if and when they do become available. To better do so this March, it helps if borrowers know which moves to make and which costly mistakes to specifically avoid. This is not always clear or easy to understand, but this month, there are three specific mortgage rate mistakes many borrowers would benefit from avoiding. Below, we'll break down what to know before getting started with a lender now. Start by seeing how low your current mortgage rate offers are here 3 mo Show less Read more
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