After several weeks of declines, mortgage rates reversed course this week, inching up slightly. Still, with the 30-year fixed-rate mortgage averaging 6.12%, according to...CONTINUE READING ARTICLE
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After several weeks of declines, mortgage rates reversed course this week, inching up slightly. Still, with the 30-year fixed-rate mortgage averaging 6.12%, according to...CONTINUE READING ARTICLE
Prospective home buyers may be enticed to move forward on a home purchase as mortgage rates fall. The 30-year fixed-rate mortgage averaged 6.09% this week,...CONTINUE READING ARTICLE
Mortgage rates have remained in the mid-6% range in recent weeks—the 30-year fixed-rate loan was at a 6.46% average this week, according to Freddie Mac. But some...CONTINUE READING ARTICLE
Lower rates, a strong economy and the easing lock-in effect means 2024 home sales will close stronger than 2023 and boost buyer power, an economist said.
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The Federal Reserve signals a possible rate cut could come in September. Could that cause rates to drop even lower?
Home buyers and refinancers had the opportunity to lock in the...CONTINUE READING ARTICLE