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One housing economist says the 30-year mortgage rate will drop below 6% if next month’s jobs report is also negative.
The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight. Weaker ...
Demand for adjustable-rate mortgages jumped 25% over one week, industry data shows. Mortgage rates fell last week on the back of reports of a weakening job market. Homeowners jumped on the ...
In what was likely welcome news for aspiring home buyers, the average rate on a 30-year mortgage held at a 10-month low, sitting at “levels from early October 2024,” according to data released Tuesday ...
Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger picture. The average 30yr fixed rate in our index edged up a ...
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Are mortgage rates falling? What homebuyers need to know
Mortgage rates are finally dropping. The U.S. weekly average for a 30-year fixed-rate mortgage fell to 6.63% Thursday, the Federal Home Loan Mortgage Corporation, better known as Freddie Mac ...
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs.
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