Mortgage Rates Drop, Hitting Lowest Level Since April

Mortgage rates drop, hitting lowest level since April

Freddie Mac said new lower mortgage rates might give homebuyers more purchasing power. But some buyers are still waiting for rates below 5%

Mortgage Rates Drop to 4-Month Low

The average 30-year fixed mortgage rate dropped nine basis points since last week, its lowest level since April. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.63% this week, down from last week’s average of 6.72%. “The 30-year fixed-rate mortgage dropped to its… The post Mortgage Rates Drop to 4-Month Low appeared first on RISMedia.

Mortgage rates fall to 10‑month low, offering relief for Hilton Head Island buyers

Redfin Real Estate reports on dropping mortgage rates in Hilton Head Island, SC metro area.

Mortgage rates hit 4-month low; will the downward trend last?

The weak jobs report released last week pushed 30-year rates closer to the 6.5% range, but economists warn the risk of inflation could drive them back up.

Mortgage Rates Fall to 4-Month Low: Freddie Mac Reports Buyers Can Save Thousands

Latest data shows mortgage rates declining to 6.63%. Freddie Mac research reveals potential savings for homebuyers who compare multiple lenders. Get full details.

Mortgage Rates Drop To Lowest Level Since April

Freddie Mac reported 6.63% as the average on a 30-year mortgage, down nine basis points from last week.