Mortgage Rates Tick Down to 6.08%—the Lowest Level in Two Years: 'The Market Is Abuzz'
The post Mortgage Rates Tick Down to 6.08%—the Lowest Level in Two Years: 'The Market Is Abuzz' appeared first on Real Estate News & Insights | realtor.com®.
Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years
The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs
US 30-year fixed-rate mortgage dips to 6.08%, lowest since Sept 2022
U.S. mortgage rates edged down to a two-year low this week, which could provide a further boost to refinancing activity, though many potential home buyers remain on the sidelines. The average rate on the popular 30-year fixed-rate mortgage dipped to 6.
The 30-Year Fixed-Rate Mortgage Reaches Lowest Level in Two Years
Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years,” said Sam Khater, Freddie Mac’s Chief Economist. “Given the downward trajectory of rates,
The average rate on a 30-year mortgage slipped to 6.08% this week, Freddie Mac says, its lowest level in two years
The average rate on a 30-year mortgage slipped to 6.08% this week, Freddie Mac says, its lowest level in two years
Long-term mortgage rates drop to 2-year low
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate mortgage inched down to the lowest level since 2022.
Mortgage Rates Hovering About a Quarter Point Above 2-Year Low
After sinking last week to its lowest level since 2022, the 30-year mortgage rate average has edged higher. But so far it's holding in a range not far above the recent low.
Long-term mortgage rates down to lowest level in 2 years
Long-term mortgage rates trended down to its lowest level in two years, according to the latest Freddie Mac Primary Mortgage Survey.
30-year mortgage rate hits 2-year low
The average rate on a 30-year fixed-rate mortgage remained nearly unchanged this week but reached its lowest level in two years.
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