30-year mortgage rates fall just in time for Christmas
The 30-year fixed mortgage rate dropped from 6.21% to 6.18%, marking the lowest level in over a year, influenced by recent Federal Reserve rate cuts.
8 Articles
8 Articles
30-year mortgage rates fall just in time for Christmas
The average rate on a 30-year fixed mortgage in the U.S. fell again this week, just in time for Christmas. But Americans don’t appear to want to buy a home for the holidays, despite the more attractive rates. Mortgage applications are at their lowest level in three months, according to the latest data from the Mortgage Bankers Association. Currently, the average rate for a 30-year fixed mortgage is 6.18%, down from 6.21% last week. A year ago on…
Mortgage rates fall ahead of Christmas holiday
Mortgage rates fell again this week, mortgage buyer Freddie Mac said Wednesday.Freddie Mac's latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.18% from last week's reading of 6.21%. The average rate on a 30-year loan was 6.85% a year ago.THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL"The modest decline reflects a bond market that…
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