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The average 30-year mortgage rate was 6.89% this week through Wednesday, down from 6.95% a week earlier. Fifteen-year mortgage rates fell to 6.05%, from 6.12%, according to Freddie Mac data .
The average rate on the popular 30-year fixed-rate mortgage fell to 6.60%, the lowest level since the week ending Oct. 24, from 6.69% last week, mortgage finance agency Freddie Mac said on Thursday.
Mortgage rates are down again this week — the lowest level since May. The rate on the 30-year fixed mortgage declined to 6.61% from 6.67% the week prior, according to data released by Freddie ...
Wall Street banks and industry experts expect cuts. Wells Fargo said in its 2024 annual outlook that the economy will moderate by mid-2024, prompting the Fed to cut rates by 225 basis points by ...
The average interest rate for a 30-year fixed mortgage stands at 6.47%, Freddie Mac said on Thursday. The Fed has held interest rates steady at their highest level in two decades, however.
Mortgage rates fell this week to their lowest level since early April, taking some pressure off America’s unaffordable housing market. The standard 30-year fixed-rate mortgage averaged 6.87% in ...
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