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Mortgage rates edged down again as of June 16, 2026, handing borrowers a small breather. The average 30-year refinance rate slipped 2 basis points to 6.70%, while the typical 30-year purchase rate sits near 6.37%, according to Zillow. The bigger question is whether that relief survives the Federal Reserve meeting unfolding this week. Where mortgage […] The post Mortgage rates drop ahead of a tense Fed call appeared first on Rolling Out .