【CNBC】Mortgage rates plunge just as home prices set another record

• The average rate on the popular 30-year fixed mortgage had risen close to a full percentage point from the start of this year up until last Friday, when it hit 4.18%, according to Mortgage News Daily.
• It hit 3.9% on Tuesday.
• This will give homebuyers more purchasing power as the historically busy spring season kicks off. It will also keep record high home prices continuing on their run higher.

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