Average US long-term mortgage rate ticks down to 6.18% this week
6 Articles
6 Articles
By Matt Ott, WASHINGTON (AP) — The average rate on a 30-year mortgage in the United States declined modestly this week, remaining in the same narrow range as the past two months. Freddie Mac, the mortgage shopper, reported Wednesday that the average rate on long-term mortgages fell to 6.18% from 6.21% last week. A year ago, the rate averaged 6.85%. Borrowing costs for 15-year fixed-rate mortgages, popular with homeowners refinancing their mortga…
Average US long-term mortgage rate ticks down to 6.18% this week
The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months. The average long-term mortgage rate fell to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said Wednesday.
Mortgage rates dip over Christmas holidays
Mortgage rates fell again over the past week, according to mortgage buyer Freddie Mac. Freddie Mac’s latest Primary Mortgage Market Survey, released Wednesday, showed that the average rate on the benchmark 30-year fixed mortgage declined to 6.18%, down from 6.21% a week earlier. By comparison, the average rate on a 30-year loan stood at 6.85% a year ago. “The modest decline reflects a bond market that moved throughout the week – albeit within a …
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