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Weekly Mortgage Rates Drop to 6.99%, but Don’t Exhale Just Yet

Evelyn Martinez
Reporter · Friday, November 13, 2026 at 1:21 AM · 1 min read
Weekly Mortgage Rates Drop to 6.99%, but Don’t Exhale Just Yet — Killeen Real Estate news

For the first time since the Federal Reserve raised its benchmark rate in September, weekly mortgage rates averaged below 7%.The average rate on a 30-year fixed-rate mortgage fell two basis points to 6.99% APR in the week ending Nov. 12,…

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