Fed, rates and Mortgage
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The average rate on a 30-year U.S. mortgage fell again this week, slipping close to its low point so far this year. The decline brings the average long-term mortgage rate to 6.19% from 6.23% last week,
The average rate on a 30-year U.S. mortgage ended a three-week streak of increases this week, reflecting a pullback in long-term U.S. Treasury bond yields
The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year. The average long-term mortgage rate ticked up to 6.26% from 6.24% last week, mortgage buyer Freddie Mac said Thursday.