Mortgage Interest Rates Just Fell to a 3-Year Low. Here's Why (and What to Do Now).
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5 Articles
US Mortgage Rates Fall Near 3-Year Lows
The 30-year fixed-rate mortgage rate dropped to 6.13 percent on Tuesday from 6.25 percent on Monday, hovering around three-year lows, according to Sept. 16 data from Mortgage Daily News. Rates have previously been near the 6 percent level a few times since September 2022. During this period, the lowest level of 5.99 percent was hit in February 2023, and the highest, 8.03 percent, was hit in October 2023. “The 30-year fixed-rate mortgage fell 15 …
US mortgage rates fall to 3-year low The average rate on a 30-year fixed mortgage in the US has fallen to 6.13%, the lowest since late 2022. This comes amid active buying of mortgage bonds by investors ahead of an expected rate cut by the Federal Reserve.
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