13 Articles
13 Articles
Mortgage rates fall below 6 percent for first time since September
The average 30-year fixed mortgage interest rate dropped to 5.99 percent Thursday, falling below 6 percent for the first time since September, according to a key gauge of home loan borrowing costs. The benchmark home loan rate fell 0.05 percentage points Thursday for the third consecutive daily decline, according to the Mortgage News Daily survey…
Mortgage rates fall for fourth week in a row
By Anna Bahney, CNN Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on inflation. The 30-year fixed-rate mortgage averaged 6.09% in the week ending February 2, down from 6.13% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year
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