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Given that the average 30-year mortgage rate was well above 7% around this time last year, 6.12% is an improvement. But it's also a far cry from the sub-3% mortgage rates borrowers enjoyed back in ...
The average rate on the popular 30-year fixed mortgage decreased to 7.22% from 7.29% the prior week. ... Mortgage rates drop again, but many buyers prefer to wait. Gabriella Cruz-Martinez.
Mortgage rates dropped again this week, spurring more potential homebuyers to submit applications as the 2024 buying season wanes. The average 30-year mortgage rate fell to 6.69%, from 6.81% a ...
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association. ... Even if rates drop below 6%, Zandi pointed out, it is ...
There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...
The average rate for a 30-year fixed-rate mortgage was 6.95% as of July 3, according to Freddie Mac. That’s well down from a high of 7.79% in October 2023 and below the 52-week average.
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