Average rate on 30-year mortgage slips to 6.08 percent, lowest level in two years
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, increased slightly this week. The average rate rose to 5.16 percent from 5.15 percent last week. A year ago, it averaged 6.72 percent, Freddie Mac said.
Mortgage rates are 123 basis points lower than they were a year ago, but those most excited by the news and motivated to act ...
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate ...
The 30-year mortgage averaged 6.09%, according to Freddie Mac -- a big drop from a 7.79% spike last year. Where are rates ...
Details from the Mortgage Bankers Association’s latest report on the second quarter of 2024. Read the details.
Because we created the industry's first daily mortgage rate index based on actual lender rate sheets without any subjective ...
The average rate on a 30-year fixed-rate mortgage remained nearly unchanged this week but reached its lowest level in two ...
In the wake of the Federal Reserve’s cut in the federal funds rate, mortgage rates also are continuing their downward trend.
After sinking last week to its lowest level since 2022, the 30-year mortgage rate average has edged higher. But so far it's ...
Freddie Mac's mortgage portfolio grew by 4.2% in August to $3.54T, marking its largest monthly increase of 2024.
The average rate on a 30-year fixed-rate mortgage reached its lowest level in two years, with rates averaging 6.08% as of ...
Explore the impact of low mortgage rates on the housing market. Learn how buyers are taking advantage of favorable interest ...
Not only have home prices been elevated due to a glaring lack of real estate inventory, but mortgage rates have been elevated ...
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