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 ...

Mortgage rates drop to 6.34%, the lowest level they've been in over a year. Kiplinger. Save up to 74%. ... Mortgage Rates Drop to Lowest Level Since April 2023. Should You Refinance?

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 ...

Rates dropped to 6.29% for the 30-year, fixed-rate mortgage, the lowest rate measured by the Mortgage Brokers Association since February 2023, which helped push mortgage demand higher. Skip to content ...

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 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.