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Freddie Mac reports an average 6.35% for a 30-year fixed-rate mortgage, unchanged from last week's average 6.35%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
When the Fed cut rates, yields on 10-year Treasury bonds — the benchmark for mortgage rates — plunged, too. You remember the rest: In 2020 and 2021, mortgage rates plummeted to historic lows.
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
Average mortgage rates are trending down as of Thursday, September 19, 2024, a day after the Federal Reserve announced it was lowering its benchmark interest rate by 50 basis points to a range of ...
Freddie Mac reports an average 6.09% for a 30-year fixed-rate mortgage, down 11 basis points from last week's average 6.20%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Average mortgage rates open the week lower as of Monday, September 16, 2024, after last week's release of twin economic reports that show inflation slowing to 2.5% for the first time since 2021.
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