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The average 30-year mortgage rate fell to 6.69%, from 6.81% a week earlier, according to Freddie Mac data. Fifteen-year mortgage rates dropped to an average of 5.96% from 6.1% last week.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association. Mortgage rates fall to lowest since April 2023. Here's ...
Mortgage rates have steadily fallen over the past several weeks since reaching a 2024 peak of 7.22% in early May. Rates are down from a two-decade high seen late last year.
And mortgage rates are also heavily influenced by future interest rate expectations, not just what the Fed has already done (this is why rates have fallen so far already). That's why average ...
The standard, 30-year fixed-rate mortgage averaged 6.20% in the week ended September 12, mortgage financing giant Freddie Mac said Thursday. That’s down from last week’s 6.35% and well below ...
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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