Freddie Mac: Mortgage rates reverse course from last week’s uptick

This week, the average U.S. fixed rate for a 30-year mortgage fell to 3.66%. That’s 9 basis points above last week’s 3.75% and more than a percentage point below the 4.81% of the year-earlier week, according to the Freddie Mac Primary Mortgage Market Survey. “The housing market continues to steadily gain momentum with rising homebuyer demand and

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Gen Z FICO scores beat Millennials and Gen X

Of the three American generations following the Baby Boomers, the youngest is doing better at managing its credit. Gen Z, meaning people born in 1995 or later, has an average FICO score of 637, above the all-age average of 634, according to a report from LendingPoint, a consumer lending platform.

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