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
Mortgage rates decline after Fed pauses hikes once more
Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac’s […]
Daily Real-estate News
Mortgage Rates Inch Closer to 7%
Home buyers who waited to buy a home this month compared to last month may have some regrets. Home buying is 12% more expensive than just a month ago. Fast-rising mortgage rates–up one percentage point […]
Daily Real-estate News
Existing-Home Sales Slip Again, Yun Blames Mortgage Rates
Existing-home sales slipped further in August as economists blame the “housing recession” mostly on higher mortgage rates, though home prices continue rising, according to newly released data from the National Association of REALTORS(R). But while […]