The rate for adjustable-rate mortgages was down to 5.85% from 5.98%. The big picture: Even though rates are at a 19-month low, home-buying activity has barely picked up as people hold back.

Mortgage rates dropped to 6.29% last week, the lowest rate since February 2023, helping to push the volume of applications higher by 1.4%, according to Mortgage Brokers Association (MBA) data.

Mortgage rates hit lowest level since February 2023 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29% from 6. ...

Disappointing numbers in July jobs report, unemployment hits 4.3% 02:52. Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower ...

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 ...

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 down to early-May levels.

US mortgage rates fell again last week to the lowest level since April 2023, spurring a modest pickup in applications to buy a home. The contract rate on a 30-year fixed mortgage eased for a ...

Mortgage rates plunge to lowest level since February 2023 Home-buying activity is slowly inching up while refinances are up 106% from a year ago, industry group says Published: Sept. 11, 2024 at 7 ...

“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.

Mortgage rates dropped to their lowest level since February 2023, according to the latest Freddie Mac Primary Mortgage Survey. The 30-year fixed-rate mortgages averaged 6.20% as of September 12 ...

Mortgage rates fall to the lowest level since May 2023, and refinances surge 16% Average rate for a 5/1 adjustable-rate mortgage fell below 6%, industry group says Published: Aug. 7, 2024 at 7:00 ...

Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market. The standard, 30-year fixed-rate mortgage averaged 6. ...