“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
Mortgage rates trend down for the third straight week
Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% chance that the Fed will hold interest rates steady in […]
Housing Wire
Homebuyers made larger down payments as mortgage rates surged in Q3: Realtor.com
Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs. On average, homebuyers put down 14.7% of the home’s purchase price for a primary home in […]
Housing Wire
Mortgage rates are (finally) back at 7%
Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged […]