“Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s chief economist.
The post Mortgage Rates Down Slightly This Week appeared first on Weekly Real Estate News.
Mortgage Rates Down Slightly This Week
Housing Wire
High mortgage rates are fueling strong inventory growth
We saw a big jump in mortgage rates last week. The 30-year fixed rate mortgage, according to the HousingWire Mortgage Rates Center, is now over 7.2% — that’s 50 basis points above where we […]
Housing Wire
Mortgage rates fall to levels not seen since September
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.22% for […]
Housing
The Drop in Mortgage Rates Brings Good News for Homebuyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the […]