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The average rate on a 30-year fixed-rate mortgage is now at its lowest level since early February, with data from Freddie Mac last week showing rates were down to 6.73% from a peak above 7.2% ...
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 fallen to their lowest in 15 months, but buyers haven't flocked to the market. Pending home sales fell 6.9% in the last four weeks, the biggest annual decline in almost a year.
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 ...
After moving higher the past two weeks, mortgage rates fell this week, dropping to the their lowest level since May 2023. The 30-year fixed-rate mortgage averaged 6.60% in the week ending January ...
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices Will Daniel, Alena Botros November 17, 2023 at 3:39 PM