Published 6 months ago • loading... • Updated 6 months ago

Mortgage rates drop to lowest since February 2023 after Fed’s jumbo interest rate cut

The standard 30-year fixed-rate mortgage averaged 6.09% for the week ending September 19, down from 6.20%, according to Freddie Mac.
Mortgage rates are declining, easing pressure on America's housing market as the Federal Reserve cuts interest rates for the first time in four years.

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Anchorage Daily News

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The Washington Post

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Mortgage rates are coming down — and home buyers are ready to pounce

Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.

6 months ago·Anchorage, United States

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Fast Company

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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%. The last time the average rate was this low was on February 2, 2023. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, al…

6 months ago

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New York Post

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Mortgage rates creep closer to 6% — the lowest level since early 2023

The average rate on a 30-year mortgage in the US edged closer to 6% this week to its lowest level since early February 2023.

6 months ago·New York, United States

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Reuters

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US 30-year fixed-rate mortgage falls to 6.09%

U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the Federal Reserve cut interest rates for the first time since 2020.

6 months ago·United Kingdom

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