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By the week ending Oct. 26, 2023, rates had climbed to 7.79%, the highest rate since September 2000. They’ve since dropped to 6.35% as of Aug. 29 — down half a point since July and 0.83% from ...
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association. Mortgage rates fall to lowest since April 2023. Here's ...
After moving higher the past two weeks, mortgage rates fell this week, dropping to the their lowest level since May 2023. The 30-year fixed-rate mortgage averaged 6.60% in the week ending January ...
Rates on 30-year fixed-rate mortgages averaged 6.74% the week of March 14, 2023, according to Freddie Mac. The mark represents a 1.29% drop from the rate's 23-year high of 8.03% in October 2023.
Mortgage rates peaked at about 8% in late 2023, and have remained elevated in the 6.5% to 7.4% range ever since. ... The dip in mortgage rates “should entice both buyers and sellers back into ...
Mortgage rates dropped this week for the second straight week — presenting a double-edged sword for homebuyers. The average rate on the 30-year mortgage decreased to 7.5% from 7.76% last week ...
The average rate for a 30-year fixed-rate mortgage was 6.95% as of July 3, according to Freddie Mac. That’s well down from a high of 7.79% in October 2023 and below the 52-week average.
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel.
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