Mortgage rates drop to lowest level since early 2023 after rate cut
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week to its lowest level since early February 2023. The rate fell to 6.09% from 6.20% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19%.
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and cover medical and retirement ...
Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for ...
Mortgage rates decline as Federal Reserve cuts benchmark rate by 50 basis points, sparking increased demand for home ...
It's about time the Fed decided to lower interest rates. Hopefully, it’s not too late. Anticipating the Federal Reserve would ...
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023 ...
Maybe it’s just a coincidence, but the week the Federal Reserve cut its key interest rate for the first time in four years, ...
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