Mortgage rates fall for a second week

Average long-term US mortgage rate falls to 6.42% this week

The average long-term U.S. mortgage fell for the second straight week which, combined with moderating home prices, could give house hunters a break and the housing market a boost as the spring buying season begins.

Mortgage rates fall for second week

It was the biggest one-week decline since mid-January.

Mortgage rates fall for a second week

By Anna Bahney, CNN Mortgage rates dropped again this week for the second week in a row amid lingering concerns about bank failures and uncertainty in the financial markets. The 30-year fixed-rate mortgage averaged 6.42% in the week ending March 23, down from 6.60% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 4.42%. “Mortgage rates continued to slide down as financial market concer…

Average long-term US mortgage rate falls to 6.42% this week

The average long-term U.S. mortgage fell for the second straight week, which combined with moderating home prices, could give the housing market a boost as the spring buying season begins

US Mortgage Rates Fall for Second Week, Sending 30-Year to 6.42%

Mortgage rates in the US fell for a second straight week, easing costs for homebuyers in the market’s busiest season.

Average 30-year U.S. mortgage rate falls to 6.42% this week

The average rate a year ago was 4.42%.