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The numbers: Applications for mortgages inched up as mortgage rates fell for the sixth week in a row. The 30-year fell to the ...
That’s down substantially from last week’s average of 6.73% and marks the lowest level since May 2023. This week’s drop was the biggest since late December. Mortgage rates have steadily ...
the lowest rate measured by the Mortgage Brokers Association (MBA) since February 2023. Mortgage rates are down nearly three-quarters of a percentage point since July. The lower rates helped push ...
After shooting to a one-year high two weeks ago, 30-year mortgage rates have fallen six of the last eight days and are now ...
The average rate on a 30-year mortgage in the US 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 ...
Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower and boosted Wall Street's expectations for an interest rate cut from the ...
The numbers: Applications for mortgages rose as home buyers and homeowners raced to seize on a big drop in mortgage rates. The 30-year rate fell to the lowest level since May 2023, after the ...
Earlier this week, mortgage rates fell to their lowest level since April 2023. This drop in rates led to an increase in mortgage applications, particularly a surge in refinance applications.
Mortgage rates fell for the sixth straight week ... according to the Mortgage Bankers Association. That is the lowest level since February 2023 and nearly a full percentage point lower than ...
“Mortgage rates have fallen more than half a percent over the last six weeks and are at their lowest level since February 2023,” Sam Khater, Freddie Mac’s chief economist, said in a release.