Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months

30-year mortgage rate holds steady at lowest level in nearly 10 months

The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.46%.

Average mortgage rate holds steady at lowest level in nearly 10 months

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs.

Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs.

Mortgage Rates in the US Hold at the Lowest Level Since October

Mortgage rates in the US held steady after four weeks of declines.

Mortgage rates in the US hold at the lowest level since October

Affordability remains a serious hurdle, especially for first-time buyers

Mortgage Rates Level Out, Remain at 10-Month Low

Mortgage rates have leveled out, remaining this week at the lowest percentage seen since October, according to the latest Primary Mortgage Market Survey® from Freddie Mac. “Over the summer, rates have come down and purchase applications are outpacing 2024, though a number of homebuyers continue waiting on the sideline for rates to further decrease,” said… The post Mortgage Rates Level Out, Remain at 10-Month Low appeared first on RISMedia.