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The average rate for a 30-year fixed mortgage dropped 0.22 percentage points to 6.4%,accordingto Mortgage News Daily. That's the lowest average rate for the most commonly held home loan since April 2023, according to data from Freddie Mac. "The market is moving ahead of the Fed, brin...
Mortgage rates fell this week to their lowest level since February 2023, but not far enough to spur on the housing market amid high home prices and still-elevated rates.
Home-Mortgage Rates Decline To Lowest Level Since November.Reports on decline in home-mortgage rates. Decrease in rate for an average 30-year fixed-rate mortgage;Wall Street Journal - Eastern EditionBartaPatrick
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A“For Sale” sign in front of a home in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according toMortgage News Daily.That is the lowest rate since ...
Report: Home mortgage rates likely to remain lowest in 30 years, but future uncertain
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"The upcoming election is clearly weighing on the minds of prospective homebuyers," said Chris Birk, Veterans United Home Loans vice president of mortgage insight. "Americans are considering the potential impacts of political changes on the economy and housing market, leading many to adjust their bu...