A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%.
The post Mortgage Rates Take a Drop appeared first on Weekly Real Estate News.
Mortgage Rates Take a Drop
Housing Wire
Higher mortgage rates, wider spreads follow debt ceiling impasse
The debt limit fight between the Republican-controlled House of Representatives and President Joe Biden’s White House is adding pressure to a shrinking mortgage market. Amid the rising risk of government default, mortgage rates increased to […]
Housing Wire
Mortgage rates inch down following Fed decision
“I haven’t seen a dry spell like this in the time I’ve been in business,” Bob Yopko, president of First Equity Residential Mortgage, said of this year’s spring homebuying season. The purchase market is locked […]
Economy
Up First briefing: Biden at Camp David; mortgage rates jump; NPR news quiz
President Biden will host Japan and South Korea’s leaders today at Camp David. Presidents have used the mountain retreat for 80 years to host foreign leaders, but this is the first time since 2015 that any […]