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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.
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.
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
Average rate on 30-year mortgage slips to 6.08 percent, lowest level in two years
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, increased slightly this week. The average rate rose to 5.16 percent from 5.15 percent last week. A year ago, it averaged 6.72 percent, Freddie Mac said.
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,
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.
30-year mortgage rate slips to 2-year low, refinancing jumps
The interest rate for the most popular U.S. home loan ticked down to 6.13% last week, the lowest in about two years, and refinancing activity jumped, data from the Mortgage Bankers Association showed today.
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.
1d
on MSN
Freddie Mac mortgage book grows 4.2% in August, largest rise of 2024
Freddie Mac's (OTCQB:FMCC) mortgage portfolio climbed at an annualized rate of 4.2% in August to $3.54T, it said on Wednesday ...
HousingWire
3d
More loan buybacks from Freddie Mac are raising eyebrows
Seller repurchases of Freddie Mac mortgages rose to $430 million in the second quarter, up 29.1% from the prior quarter.
Multi-Housing News
4h
Commercial Mortgage Delinquency Rates Increased in Q2 2024
Details from the Mortgage Bankers Association’s latest report on the second quarter of 2024. Read the details.
1d
Freddie Mac Issues Monthly Volume Summary for August 2024
MCLEAN, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for August 2024, which provides information on Freddie Mac’s ...
13h
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 ...
National Mortgage News
2d
More homeowners disaster-proofing homes, Freddie Mac finds
Awareness of disaster risk has increased in the public and private sectors, and it appears to be prompting more interest in ...
SFGate
1d
Alert: The average rate on a 30-year mortgage slipped to 6.08% this week, Freddie Mac says, its lowest level in two years
MCLEAN, Va. (AP) — The average rate on a 30-year mortgage slipped to 6.08% this week,
Freddie
Mac
says, its lowest level in two years.
1d
Mortgage rates came down, but aren't heading as low as you might remember
The 30-year mortgage averaged 6.09%, according to Freddie Mac -- a big drop from a 7.79% spike last year. Where are rates ...
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