Long-term mortgage rates ease for third straight week, dipping to just below 7%

Long-term mortgage rates ease for third straight week, dipping to just below 7%

The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April.

Mortgage rates fall below 7%, but affordability remains a dream for many: Freddie Mac

Mortgage rates are back down below 7% this week. A 30-year fixed-rate mortgage averaged 6.94%, Freddie Mac reported. Rates for 30-year mortgages averaged 7.02% last week.Fixed rates for 15-year mortgages also declined, averaging 6.24%. This is down just slightly from last week when 15-year mortgage rates averaged 6.28%. Falling rates and an increasing housing inventory are bright spots in the housing market plagued by unaffordability the last fe…

Long-term mortgage rates ease for third straight week

The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties.

Long-term mortgage rates ease for third straight week, dipping to just below 7% - The Morning Sun

LOS ANGELES (AP) — The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties. The rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.57%. This is the third straight weekly decline in the average rate. The re…

Mortgage rates fall for the third straight week, dipping below 7%

Mortgage rates declined for the third consecutive week in a shred of good news for Americans dealing with a still-tough housing market.

Mortgage rates fall below 7% for the first time in more than a month

The 30-year mortgage rate is averaging at 6.94% Freddie Mac said in its latest weekly survey on Thursday.