Average mortgage falls for the third week in a row

Mortgage rates tick lower for third straight week

Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell slightly to 6.62% from last week's reading of 6.64%. The average rate on a 30-year loan was 6.88% a year ago."The average 30-year fixed-rate mortgage continues to trend down, remaining under 7% for the twelfth consecutive w…

Average mortgage falls for the third week in a row

The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy season.

Average US Rate On a 30-Year Mortgage Falls to 6.62%, Easing for the Third Week In a Row

The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy season. The rate fell to 6.62% from 6.64% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.88%. The average rate has mostly trended lower since reaching just over 7% in mid-January. When mortgage rates decline, they boost…

Average U.S. rate on 30-year mortgage falls to 6.62%, easing for third week in a row

The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy season.

A Recession Doesn’t Mean a Housing Crisis - Silicon Valley Real Estate News

Some Highlights There’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us. While you may remember the price crash in 2008, that’s not the norm. Looking back all the way to 1980, home prices usually rise and mortgage rates tend to fall. If you have questions about buying or selling a home in today’s market, let’s have a conversation…