Mortgage rates drop to lowest level since early 2023 after rate cut
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week to its lowest level since early February 2023. The rate fell to 6.09% from 6.20% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19%.
Today's release of Freddie Mac's Primary Mortgage Market Survey took at bad problem ... but they've definitely been ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
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Maybe it’s just a coincidence, but the week the Federal Reserve cut its key interest rate for the first time in four years, ...
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The central bank is acting because, after 11 rate hikes since March 2022, it feels confident that inflation is finally mild ...
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